
Paramount Global and Skydance Media are merging, as approved by Paramount's board. The deal, led by Skydance founder David Ellison, will usher in a new chapter for the company, which owns CBS and the movie studio behind "Top Gun4." The merger is subject to regulatory approval and expected to close in the third quarter of 2025.

The new logo incorporates the all-caps styling and arched text of the Skydance logo, creating a more prominent and bold appearance for the Paramount brand. This design choice aims to signify the merger between Paramount Global and Skydance, while also differentiating it from competitors.

The current logo design included in the recent investor presentation is unlikely to be the final version. It appears to be a quick, synergistic symbol created for the presentation, and a more polished design is expected if and when the Paramount Global and Skydance merger is completed.