Paramount And Skydance Are Merging

Paramount And Skydance Are Merging
Paramount And Skydance Are Merging

Paramount World is being acquired by Skydance Media. The complicated deal, value over $8 billion, will occur in a two-step transaction that includes Skydance first buying Paramount’s controlling firm, Shari Redstone’s Nationwide Amusements, after which merging Skydance and Paramount.

The deal can have large ramifications for the animation business, together with a serious new position for Skydance’s head of animation, John Lasseter.

Right here’s a breakdown of the deal: