The Perils of Paramount... A Continuing Melodrama
5 days ago
26
Entertainment
Film & Movies
entertainment
paramount
skydance
hollywood
jump the shark
abc
disney
fin-syn
millionaire
It seems like an 11th hour rescue... Skydance and Shari Redstone appear to have come to terms with a merger that involves a 48% rise for Class B shareholders with a 25%+ for Class A, largely removing the threat of investor lawsuits. Additionally, $1.5BN will be available for continuing operations/ new films. What else is in this new deal, and where does it differ from the previous one?
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