Paramount Global's attempt to merge with Skydance Media has been marked by significant roadblocks, including bidding wars, executive changes, and regulatory hurdles. After a year of negotiations, the company is now seeking to finalize their merger, valued at $8 billion, with negotiations continuing with the FCC and President Trumpâs legal matters surrounding CBS. This merger, referred to internally as 'New Paramount,' signifies a major shift in the media landscape, yet it faces scrutiny given the complications and uncertainties involved.
Tom Cruise can hang off the sides of flying planes and motorcycle-jump off cliffs for Mission: Impossible, but the franchise's parent companies can't seem to merge with the same finesse.
Paramount Global has been trying to merge with Skydance Media over the past year amid CEO reshuffling, bidding wars, and complications that raise concerns for the company and Hollywood.
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