Skydance finally closed the $8B Paramount deal - What's next?
Natalie Nelson
Administrator Posts: 122
The $8 billion merger between Skydance and Paramount officially closed – resulting in the newly coined Paramount, a Skydance Corporation.
Skydance's David Ellison will serve as the new Chairman and CEO.
The merger combines Paramount's established assets, including CBS, MTV, and Paramount Pictures, with Skydance's technology, including animation and AI. The deal aims to modernize Paramount's infrastructure and focus on a "tech-hybrid" approach to stay competitive.
More details at the Hollywood reporter link below:
Is the media landscape getting smaller, or are these mergers going to mean good things for the industry? Tell us what you think in the comments below!
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