OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook 
Chevron Seeks Expanded U.S. License to Boost Venezuelan Oil Exports Amid Sanctions Talks 
Avelo Airlines to End DHS Deportation Flights and Close Arizona Base Amid Rising Costs 
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer 
EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content 
Hyundai Motor Shares Surge on Nvidia Partnership Speculation 
xAI Cash Burn Highlights the High Cost of Competing in Generative AI 
BlueScope Steel Shares Slip After Board Rejects A$13.2 Billion Takeover Bid 
Boeing 737 MAX 10 Advances in FAA Testing as Certification Delays Continue 
Hanwha Ocean Shares Rise on Plans to Expand U.S. Shipbuilding Capacity 
Trump Calls for 10% Credit Card Interest Rate Cap Starting 2026 
AustralianSuper Backs BlueScope Steel’s Rejection of $9 Billion Takeover Bid 
FCC Exempts Select Foreign-Made Drones From U.S. Import Ban Until 2026 
GM Takes $6 Billion EV Write-Down as Electric Vehicle Demand Slows in the U.S. 
Stellantis to End Plug-In Hybrid Sales in the U.S. as Demand Shifts Toward Traditional Hybrids 
Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability 
Ford Targets Level 3 Autonomous Driving by 2028 with New EV Platform and AI Innovations 
Skydance Media, LLC, an American production company headquartered in Santa Monica, California, is reportedly looking to acquire Paramount Global. The chief executive of Skydance Media, David Ellison, is exploring an all-cash bid to take over the company by buying its parent, National Amusements.
Skydance Media’s plans to buy National Amusements were revealed by a source familiar with the matter. It was said that Ellison might take control of Paramount Global’s parent firm through financing from the existing investors of Skydance, which include China’s Tencent, RedBird Capital Partners, and The Ellison family.
Merger Upon Completion of the Deal
According to Reuters, if the acquisition deal pushes through and succeeds, Ellison may take another step and consolidate Skydance with Paramount Global. Based on the initial reports, the talks of the acquisition between the companies are still very early, so details are still vague at this point.
Moreover, since the negotiations have only started, there is still a high chance that the talks may not result in an actual deal that will see Skydance Media buying National Amusements. It was noted that many companies have been expressing interest in Paramount Global, as a number of them want to acquire Paramount Pictures. This studio boasts an impressive library of great titles, including “The Godfather” and “Star Trek.”
Skydance Media’s Proposal
BNN Breaking reported that Skydance Media’s chief forwarded a proposal indicating that Eliison and his band of investors would acquire a majority stake in National Amusements from Shari Redstone and her family, who owns a significant stake in the entertainment firm.
Aside from this information, other specific particulars of the proposed deal were not disclosed. Meanwhile, if the agreement is completed, the combination of Skydance Media and National Amusement will create one of the largest entertainment companies in the industry.
Photo by: Paramount Website
