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 ...

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

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.

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 ...

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 ...

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 ...

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 ...

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 ...

Skydance Media, RedBird Capital and KKR want to take a significant minority or slight majority stake in a publicly traded Paramount Global, sources told CNBC. The consortium has entered exclusive ...

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.