![Skydance’s Bold Move: $8 Billion Takeover of Paramount Shakes Up Hollywood David Ellison, Skydance Media, Paramount Global, Hollywood takeover](https://citytimesnow.com/wp-content/uploads/2024/07/Skydance-1-600x400.jpg)
Skydance’s Bold Move: $8 Billion Takeover of Paramount Shakes Up Hollywood
Introduction In a landmark move that has sent ripples through Hollywood, David Ellison‘s Skydance Media, backed by significant investors, announced an $8 billion takeover of Paramount Global. This transformative acquisition marks the beginning of a new era for one of Hollywood’s oldest and most storied studios. With the deal expected to close in the first…