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,...
Skydance Media - Wikipedia
On July 7, 2024, Skydance announced its intent to merge with Paramount Global in an $8 billion transaction, under an agreement in which Skydance would acquire Paramount's publicly-held controlling shareholder National Amusements, and then perform an all-stock merger with the company. The transaction is expected to close in spring 2025.
Paramount agrees to merge with Skydance, ending Redstone era - CNBC
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...
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.
Why Did Paramount Merge With Skydance? 5 Questions About Deal - Variety
Jul 9, 2024 · Ending months of M&A drama, Paramount Global and Skydance Media, David Ellison’s smaller media and production company, on Sunday announced a two-part transaction that will result in Skydance...
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:...
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...
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 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...