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Market
Will Paramount Global announce a new merger or acquisition deal by end of 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Paramount Global or relevant financial news outlets
Story
National Amusements Ends Talks with Skydance on $2.25 Billion Paramount Deal
Jun 11, 2024, 07:46 PM
Shari Redstone’s National Amusements Inc. (NAI) has decided to stop discussions with David Ellison's Skydance Media regarding a potential deal for Paramount Global. This decision, confirmed by sources familiar with the matter, marks a significant turn in the negotiations that were nearing the finish line. The talks were focused on a potential merger or acquisition involving Paramount Global, which is controlled by the Redstone family. Additionally, Shari Redstone is offering to sell a stake in the parent company of Paramount Global for $2.25 billion.
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Similar markets
Partnership with another media company • 25%
Launch of a new streaming service • 25%
Acquisition of another company • 25%
No major strategic moves • 25%
Accepts Sony and Apollo's offer • 25%
Accepts another offer • 25%
Merges with another entity • 25%
Remains independent • 25%
Acquired by Sony and Apollo • 33%
Acquired by another company • 33%
No acquisition • 33%
Yes • 50%
No • 50%
CEO change • 33%
CFO change • 33%
No major changes • 34%
Below $10 • 33%
$10 - $15 • 33%
Above $15 • 34%
