Search results
Jul 8, 2024 · CNN — Paramount Global—the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios—has agreed to merge with technology scion David Ellison’s Skydance...
Jul 7, 2024 · Importantly, the transaction preserves the over 100-year-old legacy of Paramount as one of Hollywood’s most iconic production companies and CBS’s stature as a cherished source of news and entertainment.
Jul 8, 2024 · Paramount, owner of Paramount Pictures movie and television studios, the CBS television network and CBS News, announced in a news release late Sunday that it is combining with Skydance, an...
- alain.sherter@paramount.com
- 1 min
Jul 9, 2024 · Ending months of M&A drama, Paramount Global and Skydance Media, David Ellison’s smaller media and production company, on Sunday announced a two-part transaction that will result in...
- Todd Spangler
Jul 8, 2024 · While legacy media companies have struggled in recent years, Paramount, with its extensive portfolio of cable channels including MTV and Comedy Central, has been heavily exposed to the...
Jul 7, 2024 · Under the new agreement, Skydance and its private equity partners including RedBird Capital vow to invest $6 billion to reinvigorate the company that owns Paramount Pictures, CBS, Nickelodeon,...
People also ask
Does Paramount have a legacy media company?
Is paramount global a TV company?
Who owns Paramount Pictures & CBS?
Will Paramount global merge with Skydance Media?
Jul 8, 2024 · The deal is two-fold, reports Reuters. Skydance will acquire National Amusements for $2.4 billion in cash. National Amusements is the company that owns Paramount founder Sumner Redstone’s...
