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Paramount's deal with Skydance faces uncertainty as the deadline nears, with reports suggesting a potential Apollo offer. David Ellison's Skydance could lead to Jeff Shell and Jeff Zucker taking top roles if the deal goes through. The deal includes a multibillion-dollar PIPE and a potential Jeff Zucker revival in TV.
Although Paramount is currently in negotiations to merge with Skydance, Sony and another company are waiting in the wings for a potential purchase. https://t.co/1fMNfzfwme
EXCLUSIVE: Paramount-Skydance Deal Unlikely to Close in 30-Day Window, Due Diligence Continues https://t.co/DwAAYjKvW7
Paramount-Skydance Deal Unlikely to Close in 30-Day Window, Due Diligence Continues | Exclusive https://t.co/DwAAYjKvW7