Skydance Media Reaches Preliminary Paramount Merger Agreement

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Independent film and TV producer Skydance Media has reached a preliminary agreement to buy Shari Redstone’s National Amusements Inc. and merge with Paramount Global, the parent of CBS and MTV, according to a person with knowledge of the matter.

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Paramount Global owner calls off merger talks with Skydance MediaNEW YORK (AP) — National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that it has ended...
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