Redstone Has Tentative Deal To Sell Paramount Stake To Skydance
![](https://tvnewscheck.com/wp-content/uploads/2023/12/Redstone_Shari_2022Paramount-400x225.jpg)
![](https://tvnewscheck.com/wp-content/uploads/2023/12/Redstone_Shari_2022Paramount-400x225.jpg)
Paramount Global, the parent of CBS and MTV, is getting closer to a deal to merge with independent producer David Ellison’s Skydance Media. Shari Redstone, Paramount’s controlling shareholder, has reached a tentative agreement to sell her stake to Skydance, people with knowledge of the situation said. In addition, Paramount and Skydance have agreed on the broad framework of a deal to combine, according to the people, and will use a 30-day window of exclusive talks to work out the details.
This article was originally posted on bloomberg.com
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