National Amusements stops discussions with Skydance on Paramount deal, sources say

The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California, on March 9, 2023. National Amusements has stopped talks with Skydance on a proposed merger with Paramount Global, CNBC's David Faber reported Tuesday. National Amusements, which is owned by Shari Redstone, the controlling shareholder of Paramount, had previously agreed to terms of a merger with a consortium that includes David Ellison's Skydance, and private equity firms RedBird Capital and KKR. The deal had been ...