Paramount shareholders grow increasingly vocal about possible Skydance Media merger

Loss of confidence in Saint Mary's leadership | SaltWire - 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.

Exclusive talks between the two parties began days after private equity firm Apollo Global Management submitted a $26 billion all-cash offer for Paramount Global that was described by two people familiar with the offer as"extremely preliminary." Paramount's enterprise value at the end of 2023 was about $22.5 billion.

Deal talks between Skydance and Paramount have advanced to due diligence, which begins next week, sources said.

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