News Formal

Paramount agrees to sweetened Skydance merger deal

  • 📰 verge
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 67%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Skydance Media will invest $8 billion into Paramount Global after purchasing its parent company National Amusements. The deal should be completed in the first half of 2025.

Paramount Global has agreed to merge with Skydance Media in a deal that will see the joint enterprise, temporarily dubbed “New Paramount,” valued at approximately $28 billion. As part of the two-step agreement announced on Sunday, Paramount Chair Shari Redstone will sell National Amusements — which holds her family’s controlling stake in Paramount — for $2.4 billion.

As a longtime production partner to Paramount, Skydance knows Paramount well and has a clear strategic vision and the resources to take it to its next stage of growth.” Skydance founder David Ellison will become the new chairman and chief executive of Paramount, with former NBCUniversal chief executive Jeff Shell assigned as its new president. Ellison replaces former Paramount CEO Bob Bakish, who departed the company in April after reportedly clashing with Redstone over the Skydance deal.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 94. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Paramount Global Owner Shari Redstone Calls Off Skydance Media MergerSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »

Paramount Global owner calls off merger talks with Skydance MediaNational Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible merger of Paramount with movie production company Skydance Media. The potential deal had drawn attention for weeks amid speculation about Paramount's future.
Källa: AP - 🏆 728. / 51 Läs mer »

Paramount Global owner calls off merger talks with Skydance MediaNational Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, says it has ended talks on a possible merger of Paramount with movie production company Skydance Media.
Källa: ksatnews - 🏆 442. / 53 Läs mer »