Tag: Skydance Media

A consortium of investors led by Edgar Bronfman Jr. has dropped its acquisition bid for Paramount Global.

Paramount Global is considering an acquisition proposal from a consortium of investors led by Edgar Bronfman, Jr., extending the "go shop" period it announced after sealing a merger agreement with Skydance.

Paramount Global and Skydance Media have formally announced a merger deal, with the new combined entity to be run by David Ellison as chairman and CEO and Jeff Shell as president.

Skydance Media has secured a $275 million strategic investment by RedBird Capital Partners and CJ Entertainment and Merchandising (CJ ENM), the studio behind the Academy Award-winning Parasite.

China's Tencent has made a strategic investment in Skydance Media, which is behind the Netflix hit Grace and Frankie and the upcoming Altered Carbon.

SANTA MONICA: Skydance Media has completed a significant round of new financing in the amount of $700 million, which it will use to grow and expand its feature film, television and interactive businesses.