Paramount shareholders grow increasingly vocal about possible Skydance Media merger

Some Paramount Global investors are speaking out about a possible merger with Skydance Media, calling on the U.S. media conglomerate to look at other options and to treat shareholders equitably if this deal should be inked., has been conducting exclusive talks with Paramount Global, the entertainment giant controlled by Shari Redstone.

“Any merger talks that forego competitive bidding in favour of an exclusive discussion with a single buyer, particularly where the reported control premium differentiates the financial position of a single shareholder over all other shareholders, is averse to the fair market value of a company,” Ariel said in a statement.

For some investors, a possible deal with Skydance raises other questions, namely how they would be treated compared with Redstone, whose family controls 77% of Paramount’s Class A voting shares, according to LSEG.

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