"Paramount Nears Exclusive Acquisition Talks with Skydance Media"
Paramount Global and its parent company are nearing an exclusive negotiation agreement with Skydance Media, potentially leading to a three-way transaction that involves Skydance acquiring National Amusements and then Paramount Global. The deal, which has been in discussion for months, aims to keep the company's major film and TV assets intact to maximize value and protect its legacy. The uncertainty around Paramount's future has affected its ability to make deals and has impacted its stock price.