Paramount-Skydance Complete Deal, Ellison to Be CEO

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Paramount Global and Skydance Media agreed to a merger that hands control of the storied Hollywood studio to producer David Ellison. Paramount Chair Shari Redstone agreed to sell her family’s National Amusements Inc., which controls about 77% of the voting stock in Paramount, for $2.4 billion, completing a deal that was months in the making. Felix Gillette reports on Bloomberg Television.

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Комментарии
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SkyDance isn't worth ANYTHING near $4.75 billion. The board should be sued for malpractice.

KK-pmud
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More mergers equal less competition and more monoplolies. No wonder average folks cant seem to get ahead ever.

vapeking
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Ellison loves movies, I think I heard the same thing about David Zaslav and look how that turned out.

marshman
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Its easy to ask your dad for money to buy a company

wm
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This was probably a better deal if compared to what Sony wanted to do with the assets of Paramount Global if they had won the bidding war.

HidyoX
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At least this round of drama has been put to bed... I fully expect more to come as Paramount is STILL the sickest of the media conglomerates by a country mile... Shari already drove down the stock 80% under her leadership did she not??

stickynorth
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This stupid company is going to buncrupt

patostefak
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Well, that's a dead company. Rip to any shareholders who decide to hold on

Thrawn
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No.... They should have merged with sony.. Now i wont have my venom and cartman cross over

kaustubhdeshmukh