Billionaire entertainment executive Edgar Bronfman Jr. has bowed out of his long-shot bid to gain control of Paramount Global, clearing the way for David Ellison’s Skydance Media to claim the prize.

Paramount said it's considering a competing acquisition bid led by Seagram heir and media executive Edgar Bronfman Jr., and will extend a so-called go-shop period with merger partner Skydance Media.

In July, Skydance announced an $8 billion merger with Paramount in ... He is also a charter member of the CTA's Academy of Digital TV Pioneers. Since 2001, he has been editor-in-chief of TV Tech ...

Producer David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the industry’s most dramatic ...

The new nonagenarian jumped from the plane attached to a professional skydiver with the company SkyDance SkyDiving out of Yolo County Airport. Tuter was completely calm before the big jump ...

Skydance says it’s reserving the right to terminate its bid, lawyers say in letter, according to WSJ Last Updated: Aug. 22, 2024 at 8:42 p.m. ET First Published: Aug. 22, 2024 at 6:55 p.m. ET Share ...

Just when the $8.4-billion deal for David Ellison’s Skydance Media to buy Paramount Global was gliding toward the finish line, Shari Redstone’s roller-coaster sale took another sharp turn.

Skydance Games answers all of our questions. Skydance Games is making a big return to the VR platform this year. Their next title release is called Behemoth. Within this fantasy game, we are ...

Just weeks after the Paramount’s controlling shareholder and Skydance scuttled their talks about a potential deal, the two media companies have tentatively agreed to a merger. There were several ...

(Bloomberg) -- Producer David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the industry’s ...

Skydance Media reportedly is demanding that Paramount Global stop acquisition talks with media executive Edgar Bronfman Jr. According to The Wall Street Journal, Skydance's lawyers said ...