National Amusements Inc. (NAI), which controlled 77% of Paramount Global, was sold for $2.4 billion to a consortium led by Skydance Media and the Ellison family. As of August 7, 2025, this merger created a new, tech-forward company under CEO David Ellison, combining Paramount with Skydance. Shari Redstone exited, ending the family's decades-long control. Key Developments for Paramount and National Amusements: The Merger: The $8 billion deal closed in August 2025, merging Skydance with Paramount Global. The company began trading on the Nasdaq under the ticker symbol "PSKY". New Leadership and Strategy: David Ellison became CEO, aiming to blend Hollywood content with Silicon Valley technology. The company is reorganizing into three units: Studios, Direct-to-Consumer, and TV/Media. National Amusements (NAI): The holding company, formerly owned by Shari Redstone, was acquired as part of the deal. Restructuring and Cost-Cutting: Following the merger, in October 2025, Paramount began laying off 1,000 employees as part of a 15% reduction to cut costs. Future Operations: Paramount+ and Pluto TV are scheduled to operate on a unified technology stack starting in 2026. Mehr sehen