“Offered the adjustments inside the sector, we want to fortify Paramount for the future although making certain that content material stays king,” Ms. Redstone explained in an announcement.
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seventy five billion. Paramount can be merging with Skydance, leaving the studio and its backers in charge of a media empire that features movie, Television set and news Homes.
Even so the Skydance deal came again past 7 days, with Skydance improving upon its present for Ms. Redstone’s stake and presenting firmer protections versus litigation.
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