It’s back to the negotiating table.
Shari Redstone’s National Amusements (NAI) and David Ellison’s Skydance Media are reengaging on talks that could lead to a change in ownership for Paramount Global, a source confirms to The Hollywood Reporter. The next step is for the potential agreement to go to Paramount’s special committee of the board of directors. A NAI rep declined to comment.
The move marks the latest twist in a corporate soap opera that saw Redstone walk away from a deal in June that would’ve effectively merged the owner of CBS, Showtime, Paramount Pictures and Nickelodeon with the multimedia production company that has co-financed Top Gun: Maverick and Mission: Impossible franchise entries. The New York Times first reported on Tuesday that talks have restarted.
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