Search results for skydance
6 SEP 2024
Deals
Larry Ellison to control Paramount after Skydance merger
The tech tycoon will own 77.5% of National Amusements, while the remaining 22.5% will be held by RB Tentpole LP, led by RedBird Capital Partners founder Gerry Cardinale.
27 AUG 2024
Deals
Paramount sale: Edgar Bronfman withdrew its offer, Skydance deal moves forward
The deal is expected to close in September 2025, pending regulatory approval.
23 AUG 2024
Corporate Moves
Skydance asks Paramount to stop negotiating with Edgar Bronfman
Skydance Media is accusing Paramount Global of opening a new tab on a special committee of directors and breaching the terms of its deal by extending the period of time during which it can engage with other bidders.
22 AUG 2024
Corporate Moves
Edgar Bronfman raises bid for Paramount takeover to USD 6 billion
The competing offer for the home of Paramount Pictures, the CBS broadcast network and cable networks such as MTV threatens to undo a planned acquisition by tech scion David Ellison and his firm Skydance Media.
8 JUL 2024
Corporate Moves
Skydance Media to merge with Paramount Global in $8 billion deal
If the deal is approved, David Ellison will assume Chairman-CEO of Paramount, while Jeff Shell will take on the role of President.