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What’s Next For Paramount After Skydance Merger Talks Fail

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deadline.com

When David Ellison’s Skydance made a play for Paramount last fall it was how and when (not if) Shari Redstone would tie the knot.

Paramount and Skydance worked together. He valued the studio and its crown jewel of a backlot and planned to keep the company together.

He was offering her a nice bundle of cash for her stake in National Amusements. They talked, and talked, and talked. Potential suitor Warner Bros Discovery faded away, as did Byron Allen, who made an actual offer for the company.

Par and Skydance entered an exclusive negotiating period for the month of April. When the lock-up ended with no deal, doubt crept in.

Read more on deadline.com
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