Just weeks after Paramount’s controlling shareholder and Skydance abruptly ended deal talks, negotiations between the 2 sides have resumed, three individuals acquainted with the scenario mentioned Tuesday.
Paramount — the mum or dad firm of CBS, MTV and Nickelodeon — and Skydance, the up-and-coming film studio that helped produce “Top Gun: Maverick,” referred to as off talks in June simply earlier than a scheduled vote on a merger. While the 2 sides had agreed on financial phrases, Shari Redstone, Paramount’s controlling shareholder by its mum or dad firm, National Amusements, had clashed with Skydance within the last weeks of negotiations.
National Amusements is now as soon as once more speaking with Skydance a couple of doable deal. It was not instantly clear on what phrases the 2 may consummate a deal.
This is a growing story. Check again for updates.
