Two entertainment companies Paramount and Skydance are planning to merge
let latest. I'm Margie Szaroleta with the latest. If regulators approve, the combinded companies paramount and skydance will be valued at around 28 billion dollars it will become a new paramouts
The deal is expected to close in september, 2025.
Paramount has been aournd since 1914, and responsible for such films as god father and ladars of the last dark raidars of the lost ark
skydance was found in 2010 and has worked for with Paramount on top gun Malverick Maverick and the michigan mission possible movies
The executive says said that on the in a confrence call on Monday that the goal of the new Paramounts includes rebuilding the paramounts +streaming service and addressing the declineding growth of the linear Television