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,...
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...
What the Paramount-Skydance Merger Means for Consumers
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...
Paramount Global to merge with Skydance Media - CBS News
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.
Jul 8, 2024 · Combining Paramount Global and Skydance and investing $8 billion of capital led by the Ellison family and RedBird Capital (“Skydance Consortium”) (1) Total cash election to existing Public Paramount Class B shareholders shall not exceed $4.3bn.
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...
Paramount agrees to sweetened Skydance merger deal
Jul 8, 2024 · Paramount Global has agreed to merge with Skydance Media in a deal that will see the joint enterprise, temporarily dubbed “New Paramount,” valued at approximately $28 billion.
Paramount Global merges with Skydance, creating 'New Paramount'
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,"...
Paramount and Skydance merge, signaling end of a family reign …
Jul 8, 2024 · Entertainment giant Paramount has agreed to merge with Skydance, a deal that will hand over control of the company that owns CBS and the studio behind blockbuster films such “Top Gun″ and ”The Godfather.” The new combined company is valued at around $28 billion. (AP Photo/Nick Ut, File)