Paramount and Skydance have announced a merger, with Skydance acquiring the Redstone family's majority control of Paramount for $1.75 billion. This deal, pending regulatory approval and a 45-day window for other bids, will give Skydance control over CBS, Paramount+, BET,…
Skydance Media, led by David Ellison, has reached a preliminary $1.75 billion agreement with National Amusements to acquire a majority stake in Paramount Global. The deal, pending a special committee's approval, includes a 45-day window for counter offers and doesn't…
Barry Diller's IAC is interested in making a deal with Shari Redstone’s National Amusements to take control of Paramount Global. This follows a failed June offer by Skydance Media, RedBird Capital, and KKR to merge Skydance with Paramount. Amid these…
Paramount Global is in discussions with other entertainment and tech companies to merge its Paramount+ streaming service with another platform, potentially initiating new streaming partnerships across the industry. Warner Bros. Discovery and NBCUniversal are among the companies interested in a…
Paramount Global's failed merger deal with Skydance, halted abruptly by Shari Redstone, has caused significant turmoil, including a plunge in Paramount's stock price. Despite this setback and the ensuing chaos, potential buyers like Sony, Apollo, Edgar Bronfman Jr., Steven Paul,…
Amazon has acquired key assets of Indian streaming service MX Player from Times Internet for under $100 million. This strategic move targets India's smaller cities and towns, aiming to boost Amazon's miniTV offerings and expand its reach. MX Player, with…
