Skydance - Paramount Merger Nears Completion: Birth of “Paramount Skydance Corporation”
The planned $8 billion merger between Skydance Media and Paramount Global is close to being finalized, pending regulatory approval. Expected to close by early or mid-2025, the deal will create a new entity called “Paramount Skydance Corporation.” This merger aims to combine Skydance’s blockbuster production capabilities with Paramount’s vast media assets and streaming platforms, potentially reshaping the global entertainment landscape. The unified company will focus on innovation, content expansion, and competitive growth in a shifting industry.