Simply weeks after Paramount’s controlling shareholder and Skydance abruptly ended deal talks, negotiations between the 2 sides have resumed, three folks accustomed to the scenario mentioned Tuesday.
Paramount — the father or mother firm of CBS, MTV and Nickelodeon — and Skydance, the up-and-coming film studio that helped produce “Prime Gun: Maverick,” referred to as off talks in June simply earlier than a scheduled vote on a merger. Whereas the 2 sides had agreed on financial phrases, Shari Redstone, Paramount’s controlling shareholder by way of its father or mother firm, Nationwide Amusements, had clashed with Skydance within the closing weeks of negotiations.
Nationwide Amusements is now as soon as once more speaking with Skydance a few attainable deal. It was not instantly clear on what phrases the 2 may consummate a deal.
It is a creating story. Verify again for updates.