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Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant
The new company — which will trade under the “PSKY” ticker on Wall Street — brings Paramount’s legacy Hollywood footprint, major TV networks like CBS and MTV, streaming services and more under the roof of billionaire Skydance founder David Ellison.
Paramount Closes $8 Billion Merger With Skydance After Settling '60 Minutes' Lawsuit
Renamed "Paramount Skydance Corp", the company's Class B shares will start trading on the Nasdaq under the ticker symbol PSKY from Thursday. The merger brings together a major player in the industry with a sprawling global distribution network and a prized film and TV library,
New Paramount CEO David Ellison faced questions about CBS News' future, M&A, the future of late night and more in his first ...
After closing the $8 billion merger, mogul David Ellison holds court with the press — and the first question is about ...
New Paramount CEO David Ellison said that he had “no interest” in wading “into the political spectrum” with CBS News, as he ...
With its heavy dependence on declining cable networks, executives’ refusal to part with assets like BET and Showtime that ...
Ellison spoke with CBS journalists on his first day, acknowledging the stresses of the past year and touting the importance ...
After Skydance’s takeover of Paramount became official, exec George Cheeks made a statement addressing the end of 'The Late ...
Arrayed casually on a line of stools on a low stage at Paramount Global’s Times Square headquarters, new leadership of ...
Shari Redstone will get $1.75 billion for her stake while her exiting C-suite executives will get eight-figure termination ...
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