The merger between Skydance Media and Paramount Global has closed, with the Ellison family and RedBird Capital set to provide long-term strategic investment to "reinvigorate" the company.

Skydance Media and Paramount Global announced the completion of their merger Aug. 7, 2025, and its new CEO, David Ellison, penned an open letter to constituents.

Shari Redstone will receive $1.75 billion for her stake while her exiting C-suite executives will get eight-figure ...

Paramount Global and Skydance Media officially became a single company, Paramount Skydance Corp., on Aug. ... Read More ...

After over 18 months of rumors, negotiations, deals and government interference, the merger of Paramount Global and Skydance ...

Skydance Media has closed its $8bn merger with Paramount, creating a company under the moniker Paramount, a Skydance ...

David Ellison as CEO and former NBCUniversal boss Jeff Shell as president are running the combined Hollywood company, looking ...

A full year after Paramount's board approved a deal for Paramount to merge with Skydance, that deal has finally closed, and ...

David Ellison, the new CEO of Paramount, referred to what he called a “challenging period” for CBS News, while praising the ...

David Ellison’s Skydance Media has taken control of Paramount Global, ending the Redstone family’s decades-long run with the aging entertainment company and thrusting the family of Oracle founder ...

The media company owned by David Ellison announced the deal over a year ago, but only received FCC approval in July.

David Ellison formally introduced himself to the industry and Wall Street as chairman CEO of the new Paramount in a letter ...