Paramount Can't Stay Independent Long After Rebuffing Skydance bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
The mogul's stunning eleventh-hour reversal came after a financial deal had been reached with David Ellison's Skydance Media. For now, the storied media company will attempt to go it alone.
(Bloomberg) Paramount Global Chair Shari Redstone has walked away from an offer to merge her family’s media company with David Ellison’s Skydance Media, ending months of tense negotiations that would have capped the Redstones’ decades-long run atop the owner of CBS and MTV.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesPimco Warns of M
(Bloomberg) Paramount Global Chair Shari Redstone has walked away from an offer to merge her family’s media company with David Ellison’s Skydance Media, ending months of tense negotiations that would have capped the Redstones’ decades-long run atop the owner of CBS and MTV.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tainted FactoriesPimco Warns of M