Paramount in Talks to Acquire Skydance Media for $5 Billion, Potentially Ending Redstone Control
- Paramount Global could acquire Skydance Media in a $5 billion all-stock deal
- National Amusements would receive over $2 billion in cash upfront
- Skydance could provide cash to Paramount to pay down debt
- The deal would end Shari Redstone's control of the media empire
- Skydance has 30 days of exclusive talks with Paramount
