The Perils of Paramount... A Continuing Melodrama
Kotonk Sensei
newspop cultureamazon primebarry dillerbig tech mergerscbsdisneyedgar bronfman jrend of hollywoodentertainment businessentertainment industryhollywoodhollywood mergers and acquisitionshollywood studiosjeff shelllinear televisionme toonational amusementsnbc universalnetflixparamountshari redstoneskydanceskydance paramountstreamingsumner redstoneviacom
It seems like an 11th hour rescue... Skydance and Shari Redstone appear to have come to terms with a merger that involves a 48% rise for Class B shareholders with a 25%+ for Class A, largely removing the threat of investor lawsuits. Additionally, $1.5BN will be available for continuing operations/ new films. What else is in this new deal, and where does it differ from the previous one?
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2024-07-09
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