Proposed merger of Skydance Media and Paramount Global
On July 7, 2024, American media companies Skydance Media and Paramount Global announced a definitive agreement to merge in a deal valued at $8 billion, forming a new entity known as "New Paramount". The agreement values the newly formed entity at approximately $28 billion.
Paramount Skydance merger: Media empire behind CBS and …
Jul 8, 2024 · Paramount Global—the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios—has agreed to merge with technology scion David Ellison’s Skydance Media, ending...
Paramount agrees to merge with Skydance, ending Redstone era
Jul 8, 2024 · Paramount Global has agreed to merge with Skydance, capping off a monthslong negotiation, in a deal that would see the Redstone family step away from control of the storied movie studio and...
Paramount agrees to sweetened Skydance merger deal
Jul 8, 2024 · Skydance founder David Ellison is set to become Paramount’s new chairman and chief executive. Paramount Global has agreed to merge with Skydance Media in a deal that will see the joint...
Done Deal: Paramount Global Sells to Skydance Media in $8 …
Jul 8, 2024 · Paramount Global has sold to Skydance Media in an $8 billion deal that merges David Ellison’s company with the legacy Hollywood studio after acquiring controlling shareholder Shari Redstone’s...
Paramount-Skydance deal is back. What happened and what's …
Jul 3, 2024 · As part of the transaction, David Ellison intends to merge privately held Skydance — the 14-year-old Santa Monica movie, television and gaming firm behind Paramount blockbuster “Top Gun ...
What the Paramount-Skydance Merger Means for Consumers
Jul 9, 2024 · With Skydance set to take control of Paramount, a look at how the deal could change or reshape CBS, Paramount+ and Paramount Pictures.
Paramount Agrees to Merge With Skydance - The New York Times
Jul 7, 2024 · Paramount and Skydance said on Sunday they had reached an agreement to merge, a deal that would usher in a new era for CBS, Nickelodeon and the film studio behind the “Top Gun” and “Mission:...
What to know about the Paramount Skydance merger. - Fast Company
Jul 8, 2024 · Skydance will acquire National Amusements for $2.4 billion in cash. National Amusements is the company that owns Paramount founder Sumner Redstone’s controlling stake in Paramount. Skydance...
Paramount Global to merge with Skydance Media - CBS News
Jul 8, 2024 · Paramount, owner of Paramount Pictures movie and television studios, the CBS television network and CBS News, announced in a news release late Sunday that it is combining with Skydance, an...