Paramount's New Era Under Skydance Leadership Begins
TL;DR Summary
David Ellison's Skydance Media completed its $8 billion acquisition of Paramount, amid questions about a rumored deal involving President Trump and free advertising, which Ellison declined to confirm. The merger aims to transform Paramount into a tech-forward company with a strong streaming service, while maintaining its legacy of impactful journalism. The deal also involved significant financial arrangements, including payments to shareholders and debt reduction, positioning the new Paramount for future growth.
- New boss of Paramount grilled about rumored Trump deal Los Angeles Times
- Skydance Takes Over Paramount, and a New Era Begins The New York Times
- Inside the first day of Paramount’s new regime under David Ellison CNN
- Paramount film chief Brian Robbins exits ahead of Skydance takeover Los Angeles Times
- A Message From Our Chairman and CEO paramount.com
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