Paramount Global agrees to merge with Skydance: reports
Business Insider • 589 days
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Paramount Global's board approved a merger with Skydance on Sunday, multiple outlets reported. This ...
Original sourceAI Summary
Paramount Global to merge with Skydance Media, per reports. Paramamount struggled to adapt to shifting digital landscape. Layoffs announced despite record viewership during Super Bowl LVIII. Shari Redstone prefers merger with Skydance to keep Paramount intact. Deal nearly killed in June, but revived with sale of National Amusements.
Market-Moving
- Paramount Global to merge with Skydance Media, per reports.
- Paramamount struggled to adapt to shifting digital landscape.
- Layoffs announced despite record viewership during Super Bowl LVIII.
Key Facts
- Paramount Global to merge with Skydance Media, per reports.
- Paramamount struggled to adapt to shifting digital landscape.
- Layoffs announced despite record viewership during Super Bowl LVIII.
- Shari Redstone prefers merger with Skydance to keep Paramount intact.
- Deal nearly killed in June, but revived with sale of National Amusements.