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The Latest Breaking News from Skydance

Paramount-Skydance merger faces a new challenge over concerns about a China-based investor

Proposed Hollywood studio merger between Paramount and Skydance Media has received a new challenge this week.

Fortune

Skydance's Behemoth is even better than I expected it to be

Skydance's BEHEMOTH is the latest AAA VR game to come out on the Meta Quest, delivering satisfying dark fantasy giant slaying action.

Android Central

Shari Redstone To Leave Paramount Board Post Skydance Merger: Report

Both Redstone and her son, Tyler Korff, have the option to join the board of the new company but have no plans to do so, according to a report.

International Business Times

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Paramount Chair Shari Redstone To Receive $180M In Severance, Benefits: Report

Paramount chair Shari Redstone is set to receive $180 million in severance pay following Skydance's acquisition of the movie company.

International Business Times

Skydance Merger With Paramount Moves Forward After Bronfman Drops Bid

Canadian media mogul proposed $4.3B for the company a week ago

TV Tech

Path clears for Paramount merger with Skydance after Bronfman drops bid

Ex-Warner Music chief had formed consortium to gazump planned deal but some would-be investors withdrew

The Guardian - UK

Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead

The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer

The Independent UK

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Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Withdrawal appears to clear way for Skydance to close acquisition of struggling media company

Multichannel News

Pound hits two-year high against US dollar; White House ‘pressured’ Facebook on Covid-19 content – as it happened

Live coverage of business, economics and financial markets as Federal Reserve rate cuts drive US dollar lower

The Guardian - UK

Path Cleared For Skydance Media's Paramount Takeover As Edgar Bronfman Exits Bid

Paramount's board, through its special committee, confirmed the conclusion of the "go shop" period.

International Business Times

Skydance Accuses Paramount Of Breaching Buyout Deal Terms, Seeks Halt To Bronfman Negotiations: Report

David Ellison's Skydance is reportedly demanding that Paramount stop its negotiations with Edgar Bronfman Jr. after the latter improved his bid to acquire the entertainment titan.

International Business Times

Paramount extending 'go shop' period by 15 days so it can review Bronfman offer

Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the “go shop” period for Bronfman will be extended until…

The Independent UK

Edgar Bronfman Raises Bid To Acquire Paramount Global As 'Go Shop' Period Extended: Reports

Bronfman's latest offer includes $3.2 billion in funds that could be used to reduce Paramount's debt or to buy non-voting shares from investors.

International Business Times

Paramount Global receives $4.3bn takeover offer from Edgar Bronfman Jr

Veteran media executive’s bid would scupper Hollywood media empire’s planned merger with Skydance Media

The Guardian - US

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Multichannel News

Edgar Bronfman Makes $4.3 Billion Bid For Paramount

Shari Redstone’s National Amusements gets $2.4 billion

International Business Times

Edgar Bronfman Submits $4.3 Billion Rival Bid For Paramount Global

The bid also covers a $400 million breakup fee, which would be necessary to terminate a competing agreement that Paramount Global had previously entered into.

Top News

Rachel Zegler Stars In Upcoming Netflix Animated Feature Spellbound

Discover Rachel Zegler's role in Netflix's Spellbound, a captivating animated feature with a stellar cast and musical talent, premiering on November 22.

Player One

Paramount Shareholder Challenges Skydance Merger in Court

A Paramount Global shareholder filed a lawsuit against a pending deal between Paramount and Skydance Media.

Fortune

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Billionaire Larry Ellison is helping to fund the two-step merger.

Broadcasting & Cable

Paramount’s Pluto TV Stagnates Despite Broader Free Streaming Bonanza

Is Pluto’s old-style program guide interface setting it back in the race for FAST supremacy?

Fortune

David Ellison's Paramount merger cements the era of the 'nepo CEO'

David Ellison's Skydance Media is buying Paramount Global with help from his billionaire dad, Larry Ellison, founder of Oracle. To earn respect, he'll have to walk a tightrope.

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