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David Ellison’s Skydance Taking Over Paramount After $8 Billion Investment

⁨23⁩ ⁨likes⁩

Submitted ⁨⁨11⁩ ⁨months⁩ ago⁩ by ⁨Blaze@sopuli.xyz⁩ to ⁨movies@lemm.ee⁩

https://deadline.com/2024/07/david-ellison-skydance-paramount-takeover-1236002996/

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  • neuracnu@lemmy.blahaj.zone ⁨11⁩ ⁨months⁩ ago

    “Skydance executives, assisted by consulting firm Bain & Co., have identified $2 billion in potential cost cuts at Paramount.”

    “Details remain scarce in terms of how exactly Skydance will operate Paramount, but those familiar with the conversations about the takeover have told Deadline that job losses and cost reductions will still be priorities.”

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    • Transporter_Room_3@startrek.website ⁨11⁩ ⁨months⁩ ago

      Well, RIP all the star trek shows.

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      • maegul@lemmy.ml ⁨11⁩ ⁨months⁩ ago

        yea, JFC.

        I’ve been harping on about how SNW’s backup plan is clearly to just become a complete TOS reboot … if it survives … how quickly do you think that happens now?

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