Skydance Set To Seal Paramount Merger As Bronfman Drops Out

The Paramount Studios in Los Angeles, California, US, on Tuesday, Aug. 27, 2024. Producer David Ellison's Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the industry's most dramatic acquisition contests. Photographer: Kyle Grillot/Bloomberg via Getty Images

Skydance Set To Seal Paramount Merger As Bronfman Drops Out
The Paramount Studios in Los Angeles, California, US, on Tuesday, Aug. 27, 2024. Producer David Ellison's Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the industry's most dramatic acquisition contests. Photographer: Kyle Grillot/Bloomberg via Getty Images
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