Skydance

Paramount Agrees to Skydance Merger, Ending Redstone Era

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Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Shari Redstone has agreed to sell Hollywood group Paramount to independent film studio Skydance, ending her family’s involvement in the company her grandfather founded in 1936. The merger, which values ​​the new company at $28 billion, … Read more

Paramount nears finish with Skydance on eve of AGM and Town Hall – Update

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Getty Images UPDATED with new timeline. Paramount Global and Skydance have agreed to terms for a merger, a person familiar with the deal talks confirmed to Deadline, with Paramount controlling shareholder Shari Redstone taking a final look. CNBC reported the stepped-up timeline earlier Monday. As Deadline and other media reported this weekend, a revised offer … Read more