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...
Paramount Global Rejects Last-Minute Bid, Reaffirms Skydance …
Jan 24, 2025 · Paramount Global Rejects Last-Minute Counteroffer From Project Rise Partners, Reaffirms Commitment to Skydance-RedBird Sale 'There will not be any engagement' on the $13.5 billion offer, Paramount ...
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.
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...
With a 15-year history of partnering on highly successful projects, the Skydance-Paramount combination will unite key intellectual property and enhance Paramount’s exposure in cutting-edge and next-generation digital businesses.
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.
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,"...