Paramount Has Been Assimilated by Skydance Media in $8 Billion Takeover

Skydance Media and its backers have reached a deal to invest an astounding $8 billion dollars in a takeover of Paramount Global–bringing new ownership of CBS, Nickelodeon, and Paramount Pictures for the first time in nearly half a century.

July 8, 2024 · 1 min · 42 words · Jonathan Fitzgerald

Skydance CEO David Ellison will now be chairman and CEO of the new Paramount-Skydance hybrid (ParaDance?

The company did produce seven seasons ofGrace & Frankie, after all…

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© Paramount/Skydance Media

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