Paramount Skydance merger: Media empire behind CBS and ‘Top Gun ... - CNN
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, Paramount Global Reach Sale Agreement - Variety
Jul 7, 2024 · The sides have made it official: David Ellison’s Skydance Media has set a deal with Paramount Global that calls for Ellison to become chairman and CEO of an enhanced Paramount while former...
Sony Pictures, Apollo Offer to Buy Paramount Global for $26 ... - Variety
May 2, 2024 · In the latest twist in Paramount Global’s M&A saga, Sony Pictures Entertainment and Apollo Global Management have made a bid to take Paramount private with an all-cash buyout offer of $26...
Skydance Media and Paramount Global Sign Definitive …
Jul 7, 2024 · The transaction will stabilize and strengthen Paramount as a world-class media enterprise, with a focus on technological advancements, across multiple entertainment platforms including animation, gaming, film, sports, news and television.
Deal or no deal for Paramount? Here are the options on the table
May 3, 2024 · Time is running out for Paramount Global and Skydance Media to reach a deal combining their entertainment empires within the 30-day exclusive negotiating window that closes Friday, and it...
Paramount in talks to open its books to Sony, Apollo, sources say
May 8, 2024 · Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring the U.S. media company, people familiar...
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. [2] [3] The transaction is expected to close in spring 2025.[4]In 2023, after grappling with debt and striving to remain ...
Paramount Global, Skydance Set Exclusive Negotiating Window
Apr 3, 2024 · Shares of Paramount Global gave up some gains on Thursday after surging more than 15% yesterday as Skydance chief David Ellison secured pole position to clinch a majority stake of National...
Sony and Apollo Take Key Step in Bid for Paramount’s Assets
May 17, 2024 · Sony Pictures Entertainment and Apollo Global Management have taken a significant step forward in their effort to court Paramount, three people familiar with the matter said on Friday.
Paramount Board Director Charles Phillips to Resign After Sale
2 days ago · Paramount Global board member Charles Phillips is resigning three months after the film and TV company agreed to merge with Skydance Media.. Phillips, who headed a special committee designed to ...