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Paramount and Skydance Merger to Close on August 7
Cheddar News
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5 months ago
After more than a year of negotiations and regulatory wrangling, Paramount Global expects its merger with Skydance Media to formally close by August 7th.
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00:00
After more than a year of negotiations and regulatory wrangling, Paramount Global expects
00:04
its merger with Skydance Media to formally close by August 7th, ushering in the formation
00:10
of Paramount Skydance Corp. under the leadership of Skydance CEO David Ellison.
00:16
The deal gained FCC approval following a settlement over a $16 million lawsuit tied to a 60 Minutes
00:22
interview, drawing scrutiny over potential political influence, even as executives denied
00:27
wrongdoing.
00:28
Additional efforts are underway to revitalize Paramount Plus and streamline other TV assets.
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