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The Latest Breaking News from Skydance

Hollywood studio Paramount agrees $28bn merger with Skydance

End to Redstone family’s involvement in media group, which also owns CBS, Nickelodeon and the UK’s Channel 5

The Guardian - UK

Entertainment giant Paramount agrees to a merger with Skydance

Entertainment giant Paramount, which owns CBS and was behind blockbuster films such as “Top Gun” and “The Godfather” has agreed to merge with Skydance

The Independent UK

Paramount Global Agrees to Merge with David Ellison’s Skydance, Jeff Shell Named President

Complex deal is valued at around $8 billion and will take control over Par out of Redstone hands for the first time since 1987

Multichannel News

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Paramount and Skydance have officially merged – here's what that means for Paramount Plus

A billion dollar deal to merge Paramount Global with Skydance Media has been reached – here's what that means for its streaming services.

TechRadar

Reports: David Ellison Nears New Deal for Paramount

Ellison’s Skydance Media would pay $1.75B for Paramount’s holding company National Amusements

TV Tech

National Amusements Strikes Preliminary Deal To Sell Paramount Stake To Skydance Media

The proposed new deal, valued at $1.75 billion, involves Skydance acquiring National Amusements' 77% voting shares in Paramount.

International Business Times

David Ellison Forges New Agreement To Buy Paramount Holding Company National Amusements

Two sides also reportedly agree to 45-day period during which NAI and the Redstone family can shop for better offers

Broadcasting & Cable

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Executive who launched Fox and green-lit ‘The Simpsons’ explores bid to take over Paramount

Media billionaire Barry Diller once ran Paramount Pictures

The Independent UK

Paramount Ends Merger Talks With Skydance Amid Dispute Over 'Noneconomic Terms'

The deal was on the verge of completion when National Amusements' lawyers sent an email to Paramount's special committee, announcing the termination of talks.

International Business Times

Paramount Global owner calls off merger talks with Skydance Media

National 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 Independent UK

Shari Redstone’s National Amusements Says Paramount-Skydance Deal is Dead

Statement from family holding company says they were ‘not able to reach mutually acceptable terms'

Multichannel News

Paramount, Skydance Deal Collapses

Parent company National Amusements has issued a statement saying they were "not been able to reach mutually acceptable terms"

TV Tech

Meet Gerry Cardinale, the investor behind Skydance Media’s bid for Paramount

The RedBird Capital CEO honed his approach to IP at Goldman Sachs by building untraditional IP portfolio and via friend Bob Iger, CEO of Disney.

Fortune

Bob Iger schooled him on Disney's grand theory of IP. Now Gerry Cardinale is backing Skydance Media's $8 billion bid for Paramount Global

Cardinale's RedBird Capital Partners is an "IP monetization engine" that has partnered with celebrities from LeBron James to Ben Affleck. “I think he's focused on world domination,” says one collaborator.

Fortune

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The Guardian - US

Hollywood giant Paramount Global braces for new era as bidders circle

Chair Shari Redstone weighs future of media empire behind Paramount Pictures, CBS and UK’s Channel 5

Multichannel News

Awaiting Buyout, Paramount Execs Lay Out Plans For Cost-Cutting, Streaming Joint Ventures at Annual Meeting

No word on expected deal with Skydance

International Business Times

Paramount, Skydance Reach Merger Agreement: Report

Once the deal is closed, two-thirds of Paramount would be co-owned by Skydance and RedBird.

Multichannel News

Paramount Agrees To Merger Terms With Skydance, Private Equity: Report

About half of class-B stockholders get $15 a share

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TV Tech

Sony-Apollo’s Bid for Paramount Gets Serious

The two companies—which have offered $26B—sign NDAs with Paramount

The Guardian - US

Sony and Apollo reportedly make $26bn offer for Paramount

Shares in media giant, whose chief executive Bob Bakish was this week ousted amid reports of clash with Shari Redstone, spike 12%

TV Tech

Sony, Apollo Make $26B Bid for Paramount

The exclusive negotiating period for a rival offer from Skydance ends on Friday, May 3

Multichannel News

Paramount Stock Jumps on Report of $26 Billion Bid From Sony Pictures and Apollo Global

Potentially rivals offer from Skydance Media favored by chair Shari Redstone

TV Tech

Sony Considering Bid to Acquire Paramount

SPE could join Apollo Global in rival bid against current suitor Skydance

Broadcasting & Cable

Bodying Up to the Magnificent '3 Body Problem,' the Bold David Ellis, the Rediscovered Sublime, the Surging CTV Biz and the Victorious Dawn Staley

Also in this week's 'Next Text,' we throw some deserved shade at the far right culture warriors at 'OutKick'

Top News

Charter Communications Negotiating Renewal Deal With Paramount Global

Paramount Global and Charter Communications navigate negotiations and potential deals amidst evolving media industry landscape.

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