In the latest twist in the Paramount Global M&A saga, Skydance Media is alleging the media company breached the terms of their merger agreement by engaging with a rival $6 billion bid from ...

Skydance Media is accusing Paramount’s special committee of directors of breaching the terms of its deal by extending the ...

David Ellison’s Skydance Media is firing back at Paramount Global, accusing a special committee at the media and ...

5 on Wednesday as the former Warner Music Group CEO submitted a revised $6 billion bid Skydance CEO David Ellison has discussed utilizing AI tools to help transform Paramount Global into a tech ...

New York — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of ...

Skydance has a winning bid for Paramount that was set to close in the first half of 2025. A new bidder has emerged with media executive Edgar Bronfman Jr. submitting an initial bid and reports a ...

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.

Paramount last month announced that it will lay off 15% of its U.S. workforce, eliminating 2,000 jobs, ahead of its merger with Skydance Media. The layoffs were announced in a memo to staff by ...

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 ...

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.

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.

The Skydance proposal offers a payout of about $4.5 billion to Paramount’s nonvoting (Class B) shareholders, versus $1.7 billion under Bronfman’s sweetened offer.