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1. edition.cnn.com › paramount-layoffs-writedown-tvParamount to lay off 15% of staff amid brutal period in media ...

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   Aug 8, 2024 · Paramount Global, the storied media conglomerate, will lay off 15% of its US staff and took a $6 billion write down on its cable television networks as it prepares to merge with Skydance Media

2. www.cbsnews.com › losangeles › tagSkydance Media news - Today’s latest updates - CBS Los Angeles

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   Jul 8, 2024 · Latest. U.S. World; Politics; Entertainment; HealthWatch; MoneyWatch; Investigations; Crime; Space

3. www.latimes.com › entertainment-arts › businessSkydance talks for Paramount near finish ... - Los Angeles Times

   www.latimes.com › entertainment-arts › business

   Jun 10, 2024 · People close to the sale process say Ellison’s production company, Skydance Media, and its financial backers are close to finalizing a deal that Ellison has been pursuing since last summer.

   • Email: meg.james@latimes.com

   • Occupation: Senior Entertainment Writer

4. www.latimes.com › entertainment-arts › businessCould Paramount flirtation with Bronfman ... - Los Angeles Times

   www.latimes.com › entertainment-arts › business

   Aug 24, 2024 · Aug. 24, 2024 3 AM PT. Just when the $8.4-billion deal for David Ellison’s Skydance Media to buy Paramount Global was gliding toward the finish line, Shari Redstone’s roller-coaster sale took ...

   • Email: meg.james@latimes.com

   • Occupation: Senior Entertainment Writer

5. www.hollywoodreporter.com › business › business-newsWhat the Paramount-Skydance Merger Means for Consumers

   www.hollywoodreporter.com › business › business-news

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   Jul 9, 2024 · July 9, 2024 6:15am. Getty Images. Skydance ‘s deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with a number of ...

6. edition.cnn.com › 2024/07/08 › mediaParamount Skydance merger: Media empire behind CBS and ‘Top ...

   edition.cnn.com › 2024/07/08 › media

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   Jul 8, 2024 · Paramount Global, the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios, has agreed to merge with technology scion David Ellison’s Skydance Media ...

7. People also ask

   Will Paramount merge with Skydance Media?

   • FILE PHOTO: A view of Paramount Studios's water tank in Los Angeles, California, U.S., September 26, 2023. Paramount Global—the sprawling media empire behind CBS, MTV, and one of Hollywood’s most storied movie studios—has agreed to merge with technology scion David Ellison’s Skydance Media, ending years of speculation over the company’s fate.

   Paramount Skydance merger: Media empire behind CBS and ‘Top Gun’ …

   edition.cnn.com/2024/07/08/media/paramount-global-skydance-merger-announcement/index.html

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   Will the Skydance deal cause continued heartburn?

   • There could be continued heartburn over the terms of the Skydance deal. The major issue, according to shareholders, is the all-stock nature of the transaction and the plan to fold David Ellison’s smaller Santa Monica Skydance studio into Paramount. Skydance Media founder and CEO David Ellison.

   Could Paramount’s flirtation with Bronfman strain the Skydance deal?

   www.latimes.com/entertainment-arts/business/story/2024-08-24/could-paramounts-flirtation-with-bronfman-strain-the-skydance-deal

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   Will Skydance take control of Paramount global?

   • This is what moviegoers and TV watchers could see going forward. Skydance ‘s deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with a number of times in the past 60 years, and the inevitable restructuring and layoffs that almost always accompany corporate mergers.

   What the Paramount-Skydance Merger Means for Consumers

   www.hollywoodreporter.com/business/business-news/paramount-skydance-merger-consumers-1235941311/

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   How does the Skydance deal work?

   • The Skydance deal is structured so that the bulk of the money would be distributed to Paramount and its shareholders. That phase of the deal requires approval of the Paramount board, which is why Ellison and his group needed to negotiate acceptable terms with the media company’s directors who are not affiliated with the Redstones.

   Skydance talks for Paramount near finish line, but Redstone family

   www.latimes.com/entertainment-arts/business/story/2024-06-10/skydance-paramount-rocky-sale-process-bronfman-redbird

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   How did Skydance win support of Paramount's board?

   • Skydance won support of Paramount’s board, in large part, by carving out $4.5 billion to buy shares from Paramount investors, including nonvoting Class B shares at $15 a share. Bronfman scrambled to identify funds — a proposed $1.7-billion set-aside — to offer Class B investors $16 a share.

   Could Paramount’s flirtation with Bronfman strain the Skydance deal?

   www.latimes.com/entertainment-arts/business/story/2024-08-24/could-paramounts-flirtation-with-bronfman-strain-the-skydance-deal

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   Why did Redstone sell to Skydance Media?

   • The sale to Skydance Media, founded in 2010 by David Ellison, son of Oracle cofounder Larry Ellison, offered Redstone an offer she couldn’t refuse: billions in cash and the comfort of selling the family company to the heir of another titan who has promised to invest into Paramount’s future.

   Paramount Skydance merger: Media empire behind CBS and ‘Top Gun’ …

   edition.cnn.com/2024/07/08/media/paramount-global-skydance-merger-announcement/index.html

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8. www.latimes.com › entertainment-arts › businessParamount leaders address 'simply ... - Los Angeles Times

   www.latimes.com › entertainment-arts › business

   Jun 25, 2024 · Paramount's "Office of the CEO" executives spoke to staff for the first time since talks for a long-anticipated deal with Skydance Media fell apart. Paramount leaders address 'simply unacceptable ...