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Skydance Media

Paramount Posts $49M Streaming Profit Amid Gain of 3.5M Subs, Film Unit Swings Back to Black

Paramount Global reported its third-quarter financial results and latest streaming updates, including a swing to a streaming profit from a year-ago loss, on Friday in...

Who’s Really Going to Run Paramount?

The deal that is expected to install Skydance chief David Ellison as chairman, CEO and hopefully savior of Paramount Global is a labyrinth of...

Paramount Stock Drops 5% On Skydance Merger News

Paramount Global stock fell 5% on Monday as investors absorbed details of the company’s merger agreement with Skydance Media. The companies are targeting a...

Skydance-Paramount Deal: How Wall Street Views the Details So Far

After months of back-and-forth, Shari Redstone has finally agreed to sell control of Paramount Global to a consortium led by Skydance Media, led by David Ellison, and RedBird...

Skydance Deal Will Help Paramount “Double Down On Core Competency” And Embrace Technology, David Ellison Tells Investors

Skydance Media chief David Ellison said an $8 billion investment by the company and its backers will enable Paramount Global to “double down on...

Paramount Global Co-CEOs Tell Staff “It’s Business As Usual” Until Skydance Deal Closes

Following the news Sunday night of Skydance Media’s $8 billion deal to take over Paramount Global, the current Paramount co-CEO troika of Brian Robbins,...

Shari Redstone Tells Paramount Employees Skydance ‘Has a Clear Strategic Vision for the Future’; Co-CEOs Say in Memo ‘It’s Business as Usual’ for Now

After months of talks, Paramount Global and Skydance Media officially announced a deal to merge Sunday night. Shari Redstone, non-executive chair of Paramount Global and...

Paramount and Skydance agree to merge, marking a new chapter for the storied media company

In 2000, Redstone expanded his media empire again by acquiring CBS, a move that made Viacom one of the most muscular media companies of...

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