Paramount Global owner calls off merger talks with Skydance Media

Paramount Global owner calls off merger talks with Skydance Media

NEW YORK: National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that 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 concerns about Paramount’s future given its heavy debt load and declining … Read more