Paramount and Skydance Complete $8 Billion Merger, Launching New Era
TL;DR Summary
Paramount Global and Skydance Media have completed their $8 billion merger, creating a new company called Paramount, a Skydance Corporation, with CEO David Ellison at the helm. The company plans to restructure into three units, enhance technology integration, and focus on cost efficiencies and innovation to restore Paramount's legacy and lead in entertainment.
- Paramount-Skydance Merger Is Complete! CEO Ellison Outlines Future Roadmap TipRanks
- Skydance Takes Over Paramount, and a New Era Begins The New York Times
- The 20-Year David Ellison Plan, AI Intrigue and Other Questions After Paramount’s Big Media Day The Hollywood Reporter
- A Message From Our Chairman and CEO paramount.com
- Paramount, Skydance complete $8 billion merger as FCC continues CBS probe Fox Business
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