NEW YORK (AP) — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of streaming service Fubo, told Paramount's special committee of directors Monday night...
Shares of Entertainment giant Paramount Global are up Thursday after announcing it would extend by 15 days a period where it's allowed to assess competing offers to its merger agreement with Skydance. The company made the announcement late Wednesday after confirming that it had...
NEW YORK (AP) — The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also...