/ The deal between the companies behind Titanic and Top Gun: Maverick is expected to close in the first half of 2025.
Skydance founder David Ellison is set to become Paramount’s new chairman and chief executive. Brian van der Brug / Los Angeles Times via Getty Images
Paramount Global has agreed to merge with Skydance Media in a deal that will see the joint enterprise, temporarily dubbed “New Paramount,” valued at approximately $28 billion.
As part of the two-step agreement announced on Sunday, Paramount Chair Shari Redstone
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