With the fate of Paramount hanging in the balance, its leading suitor has just upped the ante. Skydance, which has been in talks to merge with Paramount for months, in recent days offered to provide the combined company with a $3 billion cash infusion that it can use to pay down debt and buy back […]
Read MoreTag: Ellison, David (1983- )
Sony in Talks to Join a Bid to Buy Paramount
Even as Paramount, the home of the “Top Gun” movie franchise and “SpongeBob SquarePants,” continues its talks to merge with another media company, Skydance, a new suitor has emerged. Sony Pictures Entertainment and Apollo Global Management, an investment firm, have been in discussions about teaming up for a joint bid to acquire Paramount, two people […]
Read MoreDeal Talks Between Paramount and Skydance Heat Up
Shari Redstone is getting one step closer to selling her media empire. Paramount, home to one of Hollywood’s most storied movie studios as well as CBS and cable networks like Nickelodeon, has been discussing entering into exclusive talks with the media company Skydance for a potential deal, according to four people with knowledge of the […]
Read MoreDeal Talks Between Paramount and Skydance Heat Up
Shari Redstone is getting one step closer to selling her media empire. Paramount, home to one of Hollywood’s most storied movie studios as well as CBS and cable networks like Nickelodeon, has been discussing entering into exclusive talks with the media company Skydance for a potential deal, according to four people with knowledge of the […]
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