Entertainment
Hollywood giant Paramount closes $28 billion merger deal
Holly Williams, Pennsylvania State Affairs Editor
Hollywood giant Paramount Global has agreed to a $28 billion ($25.8 billion) merger with Skydance Media in a deal that brings together two of the world's largest movie studios.
The deal will see Paramount non-executive chairman Shari Redstone sell her family's majority stake in the group, ending their involvement in the company founded by her grandfather in 1936.
Paramount is one of Hollywood's oldest film studios, having produced such classic films as The Godfather, Titanic and Raiders of the Lost Ark, as well as the Mission: Impossible series.
The group also owns television networks CBS, Comedy Central, Nickelodeon and MTV.
Skydance Media is an independent film studio launched by billionaire David Ellison in 2010 and backed by American private equity groups including RedBird.
Skydance has produced blockbusters such as Top Gun: Maverick, Star Trek Into Darkness and Jack Reacher: Never Go Back.
Ms. Redstone said: “Given the changes in the industry, we want to strengthen Paramount for the future while ensuring that content remains king.”
We look forward to the Skydance transaction enabling Paramount to continue its success in this rapidly changing environment.
The complex deal will see Skydance invest about $8 billion ($7.4 billion) to take over Paramount.
It's a two-step transaction, in which Skydance will pay $2.4 billion ($2.2 billion) to buy National Amusements, which controls Paramount.
Skydance would later merge with Paramount.
The transaction is expected to be finalized during the first half of 2025.
|
Sources 2/ https://www.anglocelt.ie/2024/07/08/hollywood-giant-paramount-agrees-28bn-merger-deal/ The mention sources can contact us to remove/changing this article |
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]
 |
 |
 |
