Tag: Shari Redstone

Paramount Global and Skydance Media have extended their $8B merger agreement after failing to secure FCC approval by the April 7 deadline. All other conditions have been met, but the deal remains stalled due to regulatory uncertainty tied to a…

Paramount's merger with Skydance got the green light from the SEC and European Commission, but it's not smooth sailing just yet. The FCC is digging into the deal, partly due to renewed political drama around CBS News, and shareholders are…

Kirby chops it up with The Streaming Madman, exploring his picks for the worst mergers of all time and examining the turbulent world of media consolidations. Kicking off with the rumored Warner Bros. Discovery and Paramount merger, ultimately abandoned by…

Business Insider explores how David Zaslav of Warner Bros. Discovery pursued a merger with Paramount throughout 2024 but never made a formal cash offer, a key condition for Paramount's Shari Redstone. With no proposal from WBD, Paramount opted for a…

Shari Redstone will exit the Paramount Global board in 2025 once Skydance Media and RedBird Capital acquire her company, National Amusements Inc., and merge with Paramount. The new entity, temporarily named "New Pluto Global, Inc.," will have an 11-member board…

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'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,…