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Paramount Has Been Assimilated by Skydance Media

Started By:
Miles, Thu 11 Jul, 2024 5:00 AM
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  1. Miles
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    #1
    Posted Thu 11 Jul, 2024 5:00 AM
    Skydance Media and its backers have reached a deal to invest an astounding $8 billion dollars in a takeover of Paramount Global–bringing new ownership of CBS, Nickelodeon, and Paramount Pictures for the first time in nearly half a century.

    Name: sdfgoihdofigh-3-680x383.png Views: 245 Size: 312.7 KB

    More info here: https://gizmodo.com/paramount-skydan...eon-2000377369
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  2. darthnovawave
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    #2
    Posted Thu 11 Jul, 2024 6:42 PM
    Will be interesting to see how this goes. Still a lot of hoops left to jump through, so this probably has at least a year of planning and regulatory checks before the merger completes, but at least this should hopefully shore up financial concerns.
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