Paramount and Skydance close $8B acquisition

So, the closing of this hard-fought deal, as you point out, represents a new era for Paramount, which will now be run by the powerful Ellison family. The move gives the company a stronger financial footing, and it comes as Paramount lags behind in the streaming wars. Paramount chairman and CEO David Ellison says the media giant will transform into a tech forward company in the future. ...