Skydance media acquires Paramount for 2.4 billion in cash, 4.5 billion in stock, and 1.5 billion to bolster the balance sheet. The deal includes valuable assets like CBS, popular franchises, and raises questions about the future of movie theaters and legacy franchises.
A couple of weeks ago, Skydance Media’s offer to buy Paramount looked like it was dead. Now, both companies have a joint press release announcing the deal.
(00:21) Jason Moser and Ricky Mulvey discuss:
- What Skydance Media is getting in the Paramount deal.
- Why Netflix is winning the streaming wars.
- Questions that investors should ask before putting money in a turnaround story.
Then, (15:58) Alison Southwick and Brian Feroldi kick off their summer school series with a history class on markets.
Companies discussed: PARA, NFLX, DIS, PYPL
Learn more about the Range Rover Sport at www.landroverusa.com
Host: Ricky Mulvey
Guests: Jason Moser, Alison Southwick, Brian Feroldi
Engineers: Dan Boyd, Desiree Jones
David Ellison interview on “The Town”: https://podcasts.apple.com/us/podcast/skydances-david-ellison-on-his-plans-for-paramount/id1612131897?i=1000661591016
Brian Feroldi’s newsletter: https://longtermmindset.co/newsletter/
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