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...
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 …
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...
Done Deal: Paramount Global Sells to Skydance Media in $8 ...
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 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...
Why Did Paramount Merge With Skydance? 5 Questions ... - 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-Skydance deal is back. What happened and what's ...
Jul 3, 2024 · On Wednesday, Paramount board members began evaluating the offer, a version of which they came close to approving three weeks ago before Redstone got cold feet and called off the talks. Now the...
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...
Skydance Media and Paramount Global Sign Definitive …
Jul 8, 2024 · 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