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Skydance, Cameron, Emanuel support Paramount bid amidst acquisition talks

Hollywood Reporter — May 5, 2024, 09:00 PM UTC

Summary: Skydance, with support from James Cameron and Ari Emanuel, aims to acquire Paramount. The deal involves RedBird Capital and KKIR, merging Skydance into Paramount. Cameron praises David Ellison's leadership potential. Meanwhile, Paramount considers a $26 billion offer from Apollo and Sony Pictures. Amidst changes, Paramount's new CEOs are preparing a strategic plan for the future. Talks between Skydance and Paramount continue.

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Timeline:

  1. [4.2]
    Sony and Apollo to focus on movies, sell TV assets (Deadline)
    12d
    Source
  2. [3.3]
    David Ellison woos A-listers to boost Paramount bid (Hollywood Reporter)
    14d
    Source
  3. [3.3]
    Paramount to pursue talks with Sony/Apollo and Skydance (Variety)
    15d
    Source
  4. [2.8]
    James Cameron and Ari Emanuel support Skydance bid for Paramount (Financial Times)
    15d
    Source
  5. [2.8]
    Warren Buffett sells Paramount Global stock at a loss (Deadline)
    16d
    Source
  6. [2.1]
    Buffett sells Berkshire's Paramount stake at a loss (CNBC)
    16d
    Source
  7. [3.5]
    Exclusive talks between Skydance and Paramount end; Sony, Apollo in play (Deadline)
    16d
    Source
  8. [2.4]
    Skydance Media deal likely dead, Paramount+Peacock combination speculated (Hollywood Reporter)
    17d
    Source
  9. [2.4]
    Paramount may back away from Skydance merger deal (Hollywood Reporter)
    17d
    Source
  10. [2.6]
    Paramount Global may not proceed with M&A offers (Variety)
    17d
    Source
  11. [2.7]
    Skydance may withdraw bid amid Sony Apollo offer (CNBC)
    17d
    Source
  12. [3.5]
    Shari Redstone faces challenges with Paramount+ and potential sale (Financial Times)
    17d
    Source
  13. [2.8]
    Sony and Apollo bid $26 billion cash for Paramount (Push Square)
    18d
    Source
  14. [3.7]
    Sony and Apollo offer $26bn for Paramount, shares surge (The Guardian)
    18d
    Source
  15. [5.2]
    Skydance deal threatens Paramount Global with takeover bid (Financial Times)
    20d
    Source
  16. [3.0]
    Skydance raises bid for Paramount, CEO Bob Bakish resigns (Financial Times)
    20d
    Source
  17. [2.7]
    Paramount Global CEO Bob Bakish exits amid merger talks (The Guardian)
    21d
    Source
  18. [1.9]
    Paramount Global replaces CEO Bob Bakish, announces new leadership team (Variety)
    21d
    Source
  19. [3.2]
    Paramount CEO Bob Bakish steps down amid merger talks (The Verge)
    21d
    Source
  20. [2.8]
    Skydance offers $3 billion cash injection for Paramount (Deadline)
    21d
    Source
  21. [3.6]
    Shari Redstone plans CEO change at Paramount amid merger talks (CNBC)
    21d
    Source
  22. [3.6]
    Paramount CEO Bob Bakish expected to be fired (Financial Times)
    22d
    Source
  23. [3.8]
    CBS WHCD party rattled by CEO exit, uncertain future (Deadline)
    23d
    Source
  24. [1.9]
    Bob Bakish stepping down as Paramount Global CEO amid talks (Deadline)
    23d
    Source
  25. [2.9]
    Bob Bakish resigns as Paramount Global CEO after 8 years (Variety)
    23d
    Source
  26. [3.4]
    Paramount CEO Bob Bakish may be replaced amid merger talks (CNBC)
    23d
    Source
  27. [2.7]
    Paramount CEO Bob Bakish to depart amid strained relations (The New York Times)
    24d
    Source
  28. [3.1]
    Skydance may acquire Paramount, facing financial challenges (Deadline)
    25d
    Source
  29. [3.0]
    Paramount Global and Skydance Media near $5 billion merger (CNBC)
    25d
    Source
  30. [2.9]
    Paramount Global shares surged 13% on potential Sony deal (Deadline)
    31d
    Source
  31. [3.7]
    Sony and Apollo may bid for Paramount Global (Variety)
    32d
    Source
  32. [3.4]
    Paramount Global in talks with potential buyers, including Sony (Hollywood Reporter)
    32d
    Source
  33. [3.9]
    Sony in talks to acquire Paramount for $26 billion (Deadline)
    32d
    Source