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".

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,...

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...

Jul 9, 2024 · Skydance ‘s deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with a number of times in the past 60 years, and...

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 media...

Jul 8, 2024 · Paramount Global parent National Amusements and Skydance Media have agreed to merge less than a month after the sides abruptly ended deal talks.

Skydance will merge with Paramount in an all-stock transaction, valuing Skydance at $4.75 billion; Skydance equity holders will receive 317 million Class B Shares valued at $15 per share

Jul 8, 2024 · Paramount Global (PARA) announced that it has agreed to terms to merge with Skydance Media, seemingly bringing an end to months of negotiations. Shareholders can opt to receive $23 per Class A...

Jul 8, 2024 · Paramount Global, the troubled media giant that owns CBS and Nickelodeon, has agreed to merge with David Ellison's Skydance Media production company, creating "New Paramount,"...

Jul 8, 2024 · Paramount Global has agreed to merge with Skydance Media in a complex transaction that will join Shari Redstone's media empire with an upstart studio run by the son of Oracle founder Larry Ellison.