Skydance & Paramount Exclusive Negotiating Window Ends In Hours – Will David Ellison Walk?

The exclusive negotiation period between Paramount Global and Skydance Media concluded without renewal, leaving the potential acquisition by David Ellison's company uncertain. Paramount's board is now considering a competing all-cash offer from Sony and Apollo, amidst concerns from other investors and the possibility of a "go shop" provision to explore further bids. This development follows a tumultuous period for Paramount, including a leadership shakeup and ongoing industry concerns about consolidation effects.