After near collapse, the duo finally crosses the finish line With several false starts and a near collapse, the Paramount-Skydance deal is finally done. Announced Sunday evening, Paramount Global and Skydance finally agreed to merge in a two-step process: First, Skydance will purchase National Amusements – a company long held by the Redstone family for $2.4 billion and pay another […]
Future uncertain for the studio A merger between Paramount Global and Skydance has collapsed as controlling company National Amusements has ended talks. National Amusements, Inc. (NAI) is the controlling shareholder of Paramount Global, owned by Shari Redstone, daughter of the late Sumner Redstone, who ran NAI and controlled the former Viacom. She reportedly had a deal with Skydance, run by […]
Paramount, Skydance advance merger talks; Iger survives Disney proxy board vote The fallout continues from the decision to lay off fourteen employees at WBEZ and Sun-Times owner Chicago Public Media last Wednesday, with a Chicago alderperson from the city’s 49th Ward on the far North Side being the latest to weigh in. “Seeing the increases, seeing the benefits, and then […]
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