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Jul 8, 2024 · Paramount Global has agreed to merge with Skydance Media. This deal will "fortify" the Paramount+ and Pluto TV streaming services with "best-in-class" technology and an increased cashflow. Both companies expect the merger to be completed by mid 2025.
- Andrew Heinzman
- Editor
Aug 26, 2024 · With this deal, Skydance will buy the Redstone family’s majority control of Paramount. This comes as the final bidder, Edgar Bronfman Jr., has reportedly dropped out and will not make a bid for Paramount a day before the deadline, according to a report from the New York Times.
Jul 9, 2024 · With Skydance set to take control of Paramount, a look at how the deal could change or reshape CBS, Paramount+ and Paramount Pictures.
Paramount’s premier content platform to be enhanced and powered by best-in-class technology and modernized infrastructure offering scalability and ingenuity focused on delivering content through wholly-owned DTC platforms of Paramount+ and Pluto while enhancing CBS and Paramount’s linear networks
Apr 1, 2024 · Viacom, one of Paramount Global ’s two predecessor companies, acquired Pluto TV for $340 million in cash in January 2019. Ryan stayed on board as chief exec of Pluto, and in October 2020 he...
- Todd Spangler
Jul 16, 2024 · Paramount has not revealed monthly active users on Pluto TV in some time, but it did say that the streamer combined with Paramount+ to boost global viewing hours by 27% in the final quarter of 2023. In early July, a study by SRG found that Pluto TV had cracked the top 20 list of “Must Have” TV brands for the first time in its history.
Jul 8, 2024 · Paramount Global looks to have finally closed in on a buyer and out of the long list of suitors that it has attracted in the past six months, it's Skydance Media that's agreed to merge with the...
