national amusements Archives

The on-again, off-again dance between David Ellison's Skydance Media, Gerry Cardinale's RedBird Capital, and Shari Redstone's National Amusements Inc over the ownership fate of Paramount Global appears to be on in a very big way – with The New York Times and Wall Street Journal reporting that acquisition talks have resumed and that a tentative agreement is[...]

Reportedly, Skydance is in the midst of private talks with "a panel of independent directors at Paramount as part of a provisional accord to buy Redstone's family-holding company National Amusements." To offer some perspective, National Amusements controls a nearly 80% voting stake in Paramount Though all sides have declined to comment on the reporting, the[...]