Paramount agrees to sweetened Skydance merger deal

/ The deal between the companies behind Titanic and Top Gun: Maverick is expected to close in the first half of 2025.

By Jess Weatherbed, a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews.

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

→ Continue reading at The Verge