Barry Diller said his interest in Paramount Global “unquestionably” pushed Skydance to close its merger with the media company.
Shari Redstone, who controls Paramount via her family holding National Amusements Inc. “ought to send a nice pot of flowers or chicken soup” as a token of appreciation, Diller joked.
The months-long sale process finally wrapped last month. Skydance prevailed with its proposal to invest $8 billion in buying out NAI and then merging with Paramount.
The pact is starting regulatory review and is expected to close in the first half of 2025. Speaking at the FT Business of Entertainment Summit, Diller recounted the “symmetry” of a potential run at Paramount Global, given that he once ran the company’s film and TV studio and took on Sumner Redstone in a bidding war for the studio.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.