"The merger between Paramount and Skydance has finally been completed, clearing various roadblocks and culminating in the formation of Paramount, A Skydance Corporation."
"David Ellison, with extensive experience at Skydance, becomes the CEO of Paramount and will play a crucial role in determining the fortunes of the company."
The merger between Paramount and Skydance is now completed, resulting in the formation of a new entity called Paramount, A Skydance Corporation. This merger addresses prior uncertainties surrounding Paramount's future. David Ellison assumes the role of CEO, leveraging his vast experience at Skydance. The new leadership also includes co-chairs Dana Goldberg and Josh Greenstein. Over the years, Skydance has financed several major Paramount productions, including franchises like Mission: Impossible and Star Trek. This merger marks a pivotal moment for Paramount, enhancing its competitive standing in the film industry.
Read at www.theguardian.com
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