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Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant
Skydance and Paramount officially closed their $8 billion merger on Thursday — kicking off the reign of a new entertainment giant after a contentious, over year-long endeavor to get the transaction ov
15don MSN
Executive at Paramount Global can breathe a sigh of relief with FCC approval of its $8 billion merger with Skydance Media.
The federal agency, led by Brendan Carr, said on Thursday that it approved the transfer of Paramount's broadcast licenses to Skydance, the last hurdle in the review of the $8 billion deal.
The merger clears the way for an $8.4 billion sale of some of the most prominent names in entertainment, including CBS, Paramount, and Nickelodeon.
17don MSN
The stamp of approval comes after months of turmoil revolving around President Trump’s legal battle with ’60 Minutes.’ ...
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