Skydance Media and RedBird Complete Merger with Paramount Global to Create Paramount, a Skydance Corporation
August 7, 2025
Skydance Media, supported by investor RedBird Capital Partners and an investor group, completed a merger with Paramount Global to form a standalone public company, Paramount, a Skydance Corporation (Nasdaq: PSKY). The transaction combines Paramount's content library and distribution network with Skydance's production and technology capabilities, with a focus on capturing synergies across studios, direct-to-consumer streaming and TV media.
- Buyers
- Skydance Media (Skydance Corporation), RedBird Capital Partners
- Targets
- Paramount Global
- Sellers
- Paramount Global shareholders, National Amusements, Inc.
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Buyout
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