Skydance Media

Paramount Global board approves plan to merge with Skydance Media, source says

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Paramount Global board approves plan to merge with Skydance Media, source says

Paramount Global’s board of directors Sunday approved a merger with Skydance Media, endorsing a deal that would combine one of Hollywood’s oldest studios with the up-and-coming production company, a source close to the deal told Reuters. A final agreement could be announced as soon as Sunday night. The vote comes on the heels of a … Read more

Paramount Global owner calls off merger talks with Skydance Media

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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