David Ellison’s Skydance Explores Deal for Paramount’s Parent, WSJ Says

Skydance Media’s David Ellison is discussing an all-cash offer for National Amusements, the family-run company that controls Paramount Pictures and the CBS TV network, the Wall Street Journal reported.

As part of the deal being discussed, Skydance would merge with publicly traded Paramount Global, the newspaper reported, citing people familiar with the matter.