Skydance Media, which co-produced Mission: Impossible films and “Top Gun: Maverick,” has agreed to a preliminary deal, a person familiar with the matter said.
Skydance Media, which helped produce “Top Gun: Maverick” and Mission: Impossible franchise films, has reached a tentative deal that would give it ain Paramount Global, according to a person familiar with the matter, who spoke on the condition of anonymity to speak freely about the potential agreement.
The reported $1.75 billion deal must next be approved by a special committee of Paramount’s board. Skydance’s agreement to buy National Amusements, which holds 77 percent of voting shares in Paramount, also permits a 45-day “go-shop” period in which Paramount may search for a better offer.with rivals Netflix and Disney. National Amusements is led by Shari Redstone, the daughter of media mogul Sumner Redstone, who died in 2020.Santa Monica, Calif.-based Skydance was founded in 2010 by David Ellison, the son of billionaire Oracle co-founder Larry Ellison.
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