Paramount is now a Skydance Corporation
is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. It’s official: Skydance Media’s deal to purchase CBS parent company Paramount Global for $8 billion is complete, and incoming chairman / CEO David Ellison’s first order of business is a massive restructuring. In an open letter about his plans for Paramount, a Skydance Corporation (the merged companies’ new name), Ellison announced th