Skydance Media Archives

Skydance Wins Paramount Deal as Bronfman Withdraws After Chaotic Bidding War

August 30, 2024 FilmTake Comments Off

Edgar Bronfman Jr., the Seagram’s liquor heir who briefly posed a half-hearted challenge to Skydance Media’s takeover of Paramount Global, has officially withdrawn from the race. Bronfman’s exit clears the path for Skydance Media.

Paramount Extends Skydance Merger Deadline as Bronfman Up Buyout Offer

August 22, 2024 FilmTake Comments Off

As Wednesday’s deadline loomed, the already complex battle for control of Paramount Global took another twist. The investor group led by Bronfman made a desperate move to stay in the game by increasing its bid for National Amusements to $6 billion.

Deal Deadline Ends Today: Inside the Battle for Control of Paramount Global

August 20, 2024 FilmTake Comments Off

Amid today’s deadline, the competition to acquire Paramount Global has taken a dramatic turn with the emergence of a new contender. Edgar Bronfman Jr., the heir to Seagram’s liquor, has submitted a $4.3 billion bid to acquire Paramount, directly challenging Skydance’s $8 billion bid.

Paramount’s Financial Turmoil: Soaring Losses, Layoffs, and Massive Impairment Charge

August 17, 2024 FilmTake Comments Off

Amid a looming deadline to sell the once-storied studio, Paramount Global reported a staggering net loss of $5.4 billion in Q2 2024, primarily driven by a $5.98 billion impairment charge, a dramatic deterioration from the previous year.

Paramount’s Troubled Waters: A Tale of Failed Mergers, Mismanagement, and Dubious Deals

August 4, 2024 FilmTake Comments Off

Recent weeks have seen Paramount Global navigate turbulent waters, with its shares plunging and its credibility questioned. The highly publicized failed merger and acquisition bid from Apex Capital Trust has placed the company under intense scrutiny.

Paramount-Skydance Merger Collapses: Inside the Failed Negotiations

June 11, 2024 FilmTake Comments Off

Skydance’s merger talks with Paramount collapsed in epic fashion on Tuesday after Paramount’s controlling shareholder canceled the deal, ending an attempt to turn around the troubled studio. The deal fell through just as it was about to be finalized.

Update: Skydance Media Acquisition of Paramount Diminished After Disjointed Annual Meeting

June 5, 2024 FilmTake Comments Off

At their annual meeting on Tuesday, Paramount executives unveiled a plan to reduce costs and seek a partner for their streaming service. As a result, shares dropped nearly 5% as prospects for a merger with Skydance Media diminished.

Who’s Thriving and Who’s Struggling: Annual Streaming Scorecard Part Four

April 17, 2024 FilmTake Comments Off

Paramount Global and Comcast have engaged in discussions to explore collaborating, including potentially merging their respective streaming services – Paramount+ and Peacock. However, it’s becoming clear that Paramount Global and its disastrous leadership team want to cash out.

The Media Conundrum: A Complex Interplay of Consolidation, Mergers, and Streaming Misfortunes

January 23, 2024 FilmTake Comments Off

Unstoppable declines in linear television subscribers coupled with challenges in achieving profits in freshly minted streaming services have led most media companies on the road to consolidation. Over the next 12 months, Paramount, Warner Bros. Discovery, and NBCUniversal will likely be impacted by consolidation.

Production is Fleeing Los Angeles: How Poor Policies Push Producers Away

Production

November 19, 2024 Comments Off

From Capes to Clicks: The Fall of Superheroes and the Streaming Shakedown

Exhibition

November 16, 2024 Comments Off

Distribution

The FAST Frontier: How Free Ad-Supported Platforms Are Transforming Streaming and Cable Television

November 13, 2024 Comments Off

Distribution

Inside AFM 2024: Mixed Reviews, Cautious Buyers, and More Gains for Streamers

November 12, 2024 Comments Off

Production

AFM 2024: UK’s New Tax Credit Sparks Interest from Global Film Producers

November 7, 2024 Comments Off

Distribution

Betting Big on Genre Films: AFM’s Vegas Move Signals Shift in the Independent Film Market

November 6, 2024 Comments Off

Distribution

AFM 2024: The Films Sparking Major Interest at AFM’s First Las Vegas Edition (Part Three)

November 6, 2024 Comments Off

Distribution

AFM 2024: The Films Sparking Major Interest at AFM’s First Las Vegas Edition (Part Two)

November 5, 2024 Comments Off

Is the Max/Hulu/Disney+ Mega-Bundle Worth the Price? A Closer Look at Streaming’s Newest Offering

Streaming

October 20, 2024 Comments Off

In a move that shocked many in the entertainment industry, two of the largest legacy media companies, Warner Bros. Discovery and Disney have teamed up to offer a cross-company mega-bundle featuring Disney+, Hulu, and Max. Launched on July 25th, this bundle combines three major streaming platforms under one roof.

Chasing Netflix: How the Major Media Companies Stack Up in Subscribers, Revenue, and Challenges [Part Five]

Streaming

October 13, 2024 Comments Off

The following five-part article series looks at how the major streaming services compare in terms of financial performance, subscriber numbers, and the unique strengths and challenges each faces in the ever-evolving streaming industry, concluding with a review of wildcard streamers Prime Video, Apple TV+, and issues facing the streaming industry.

Chasing Netflix: How the Major Media Companies Stack Up in Subscribers, Revenue, and Challenges [Part Four]

Streaming

October 8, 2024 Comments Off

The following five-part article series looks at how the major streaming services compare in terms of financial performance, subscriber numbers, and the unique strengths and challenges each faces in the ever-evolving streaming industry, continuing with a review of the mid-tier streamers Paramount+ and Peacock.

Chasing Netflix: How the Major Media Companies Stack Up in Subscribers, Revenue, and Challenges [Part Three]

Streaming

October 6, 2024 Comments Off

The following five-part article series looks at how the major streaming services compare in terms of financial performance, subscriber numbers, and the unique strengths and challenges each faces in the ever-evolving streaming industry, continuing with a review of Netflix’s biggest competitors, Disney+ and Max.

Chasing Netflix: How the Major Media Companies Stack Up in Subscribers, Revenue, and Challenges [Part Two]

Streaming

October 1, 2024 Comments Off