11 June 2024 link media business

💵 Paramount tycoon Shari Redstone pulls the plug on proposed Skydance merger — The Guardian

National Amusements, the vehicle that owns Shari Redstone’s controlling stake in Paramount, said it had been unable to reach mutually acceptable terms with Skydance Media.

Wild to see this completely fall apart. It finally seemed like the best option was going to put an end to all the unknowns, but it’s back to square one.

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