Shari Redstone ends talks with Skydance to sell Paramount, killing merger deal

Shares of Paramount Global (PARA) began to dip on Wednesday morning as controlling shareholder Shari Redstone has ended discussions to sell her stake in the company. National Amusements, which controls Paramount, reported it did not reach acceptable terms with Skydance Media.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: yahoofinanc...
TikTok: www.tiktok.com/@yahoofinance?...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
#paramount #yahoofinance #stockmarket

[@cjkatz393]

Should we be worried about losing paramount plus soon?

[@NateFreestyle]

I don't think so. It's growing and very close to turning a profit. Even if it is shut down, I imagine the content would be made available on other streaming services.

[@NateFreestyle]

@@cjkatz393 Yes.

[@cjkatz393]

@@NateFreestyle well ok but I can’t find lassie anywhere also so do you believe that ark animated series part 2 will still come out on paramount plus before that happens?also will ark animated maybe get more seasons

[@NateFreestyle]

@@cjkatz393 I don't know.