Paramount Global, National Amusements, and Skydance Media in Exclusive Talks for Potential Sale
Benzinga
Benzinga
  • 23 days ago
Paramount Global, its parent company National Amusements, and Skydance Media are in exclusive talks for a potential sale. National Amusements, led by Shari Redstone, controls Paramount Global through an 80% voting stake. Skydance made an earlier offer to acquire National Amusements. The companies have agreed to a 30-day exclusive negotiating window for a potential deal. Paramount's stock price jumped 15% on the news of exclusive talks.
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