The entertainment company Paramount Global is expected to close its $8bn merger agreement with Skydance Media on August 7, a date that marks two weeks after the administration of President Donald Trump gave its approval.
On Friday, the two companies announced the final stage of the year-long deal, which was first announced in July 2024.
The merger is considered a massive shake-up in the media landscape of the United States, drawing to a close the reign of the powerful Redstone family over…
Continue Reading
News Source: www.aljazeera.com
Leave a Reply