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Jul 3, 2024 · Wall Street cheered the new twist Wednesday, sending Paramount shares up nearly 7% to $11.46. As part of the transaction, David Ellison intends to merge privately held Skydance — the 14-year-old ...
- meg.james@latimes.com
- Senior Entertainment Writer
Skydance Media, LLC, also known as Skydance Productions, is an American media production and finance company [ 3 ] based in Santa Monica, California. Founded by David Ellison in 2006, the company specializes in films, animation, television, video games, and sports. In 2009, the company entered a five-year partnership to co-produce and co ...
Skydance is a diversified media company founded by David Ellison in 2010 to create high quality, event-level entertainment for global audiences. The Company brings to life stories of immersive worlds across its feature film, television, and interactive platforms.”
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 ...
Jul 10, 2024 · And, as the global financial services company Moody’s noted in a recent statement, Paramount is merging with a smaller media company that doesn’t own or control much of its own intellectual property: Skydance Media. Ellison and Jeff Shell, the former NBCUniversal CEO who would be president of the new company when the deal closes, told Wall ...
- Eric Deggans
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 ...
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Jul 7, 2024 · LOS ANGELES and NEW YORK, July 07, 2024 (GLOBE NEWSWIRE) -- Skydance Media (“Skydance”) and Paramount Global (NASDAQ: PARA, PARAA) (“Paramount”) today announced that they have entered into a definitive agreement to form “New Paramount” – a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements, Inc. (“NAI ...
