Part of the story Paramount's merger with Skydance and its takeover of Warner Bros. Discovery Coverage dated June 10, 2024 to June 11, 2024
Paramount Owner Shari Redstone Ends Merger Talks with David Ellison’s Skydance Headline from Observer, from the development of Jun 11, 2024
Newest development Jun 12, 2024 · 4 reports After Paramount Merger Talks Collapse, Skydance CEO David Ellison Tells Staff: ‘We Are Stronger Because of This Process’
Shari Redstone, the controlling shareholder of Paramount Global, has put an end to merger negotiations with David Ellison's Skydance Media.
Observer's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Earlier updates in this story →
Developments in this update 2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Jun 11, 2024 Names this update
Paramount Owner Shari Redstone Ends Merger Talks with David Ellison’s Skydance
Headline from Observer · 7 reports in this development
Jun 12, 2024 Newest
After Paramount Merger Talks Collapse, Skydance CEO David Ellison Tells Staff: ‘We Are Stronger Because of This Process’
Headline from Variety · 4 reports in this development
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11 articles, oldest first.
Quartz
The merger between Paramount Global and Skydance is off ↗ (opens Quartz) Published Jun 10, 2024
Quartz's feed description Merger talks between National Amusements, the holding company behind Paramount, and Skydance have broken down
The Hollywood Reporter
No Deal: Shari Redstone Ends Talks On Skydance Offer for Paramount Global ↗ (opens The Hollywood Reporter) Published Jun 10, 2024
The Hollywood Reporter's feed description Shari Redstone rejects Skydance deal for Paramount Global, putting entertainment company in question.
Variety
Shari Redstone Ends Talks With Skydance About Paramount Merger: Report ↗ (opens Variety) Published Jun 10, 2024
Variety's feed description Shari Redstone has reportedly walked away from a deal that would have merged Paramount Global with David Ellison's Skydance Media.
New York Post
Shari Redstone kills Skydance bid for Paramount Global ↗ (opens New York Post) Published Jun 10, 2024
New York Post's feed description Shari Redstone killed a deal to sell Paramount Global-parent National Amusements to Skydance Media in a months-long soap opera over the fate of the media giant
The Guardian
Paramount tycoon Shari Redstone pulls the plug on proposed Skydance merger ↗ (opens The Guardian) Published Jun 10, 2024
The Guardian's feed description Firms unable to reach agreed upon terms amid speculation over future of the media empire behind CBS and MTV
Deadline
Shari Redstone, Paramount End Merger Talks With Skydance As Two Sides “Not Able To Reach Mutually Acceptable Terms” ↗ (opens Deadline) Published Jun 10, 2024
Deadline's feed description Paramount Global's Shari Redstone has broken off talks with David Ellison's Skydance, according to a news report.
Variety
After Paramount Merger Talks Collapse, Skydance CEO David Ellison Tells Staff: ‘We Are Stronger Because of This Process’ ↗ (opens Variety) Published Jun 11, 2024
Variety's feed description After talks to merge with Paramount collapsed, Skydance's David Ellison thanked his team in a memo and said the company was stronger for it.
The Hollywood Reporter
Deadline
What’s Next For Paramount After Skydance Merger Talks Fail ↗ (opens Deadline) Published Jun 11, 2024
Deadline's feed description Shari Redstone will consider selling her ownership stake in Paramount, simpler than the merger transaction proposed by Skydance as that deal dies.
Deadline
David Ellison Thanks Skydance Team As Paramount Merger Talks End; Sets Sights On “Building A Next Generation Content Company On Our Terms” ↗ (opens Deadline) Published Jun 11, 2024
Deadline's feed description This just in tonight from Skydance Boss David Ellison as Paramount Global controlling shareholder Shari Redstone says "No" to Skydance's offer to buy National Amusements.
Observer
Paramount Owner Shari Redstone Ends Merger Talks with David Ellison’s Skydance ↗ (opens Observer) Published Jun 11, 2024
Observer's feed description Shari Redstone, the controlling shareholder of Paramount Global, has put an end to merger negotiations with David Ellison's Skydance Media.
