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Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant
Skydance and Paramount officially closed their $8 billion merger on Thursday — kicking off the reign of a new entertainment giant after a contentious, over year-long endeavor to get the transaction over the finish line.
Paramount Closes $8 Billion Merger With Skydance After Settling '60 Minutes' Lawsuit
Renamed "Paramount Skydance Corp", the company's Class B shares will start trading on the Nasdaq under the ticker symbol PSKY from Thursday. The merger brings together a major player in the industry with a sprawling global distribution network and a prized film and TV library,
New Paramount CEO David Ellison said that he had “no interest” in wading “into the political spectrum” with CBS News, as he ...
New Paramount CEO David Ellison faced questions about CBS News' future, M&A, the future of late night and more in his first ...
The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.
After Skydance’s takeover of Paramount became official, exec George Cheeks made a statement addressing the end of 'The Late ...
With its heavy dependence on declining cable networks, executives’ refusal to part with assets like BET and Showtime that ...
The new owner of Paramount says he does not want to ‘politicize’ the company.
Arrayed casually on a line of stools on a low stage at Paramount Global’s Times Square headquarters, new leadership of ...
Shari Redstone will get $1.75 billion for her stake while her exiting C-suite executives will get eight-figure termination ...
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