Browsing: Paramount

The private equity firm has made a joint, nonbinding $26 billion all cash offer with Sony Pictures Entertainment

The Paramount board’s special committee met over the weekend on the matter, after allowing an exclusive negotiating window with Skydance Media to lapse

The CEO stated, "It was 100% my decision," during the company’s annual meeting on Saturday.

Bakish resigned as CEO earlier this week but will stay on as a senior advisor through Oct. 31

The board’s special committee faces a tough choice: go through with an unpopular Skydance sale, explore Sony and Apollo’s $26 billion offer or go it alone

David Ellison’s media company plans to inject $4.5 billion into the studio if the deal is finalized

After Paramount’s exclusive window with Skydance expires, both companies may make a competing bid

The deal would involve David Ellison’s company gaining control of the media conglomerate through the stake managed by Shari Redstone’s National Amusements

Recent reports suggest that Skydance founder David Ellison met with the board of directors of Shari Redstone’s media corporation.

The movie is scheduled to be released on May 23, 2025