Now that Shari Redstone has signed on the dotted line to sell her father’s media empire to Skydance and RedBird Capital, what future awaits? First, and perhaps most importantly, Skydance is dropping $1.5 billion on Paramount’s balance sheet – a cash infusion that hopes to embolden the studio to woo creatives with “stability.”
Source: The Skydance Vision for a New Paramount: Cash Injection, ‘Stability’ for Creatives and Tech Savvy