Apr 25, 07:44 PM

Paramount and Skydance Near Merger, Exclusive Talks End May 3

Paramount and Skydance are advancing toward a potential merger, with negotiations intensifying as they approach a key deadline. The discussions involve a complex deal that would see David Ellison's Skydance and its backers potentially taking control of the film and television company owned by Shari Redstone. An exclusive month-long negotiating period is set to conclude by May 3, as competitors like Sony and Apollo remain interested in the outcome.