For some in Hollywood, there’s a sigh of relief in Skydance’s $8 billion takeover of Paramount: A legacy motion picture studio and entertainment conglom will largely remain standing. This versus if Sony had actually won Paramount, in which case we’d be looking at a potential reduction in theatrical releases, a maneuver that would greatly impact
Shari Redstone
National Amusements, the Redstone family holding company, was placed on negative credit watch by ratings agency S&P Global after shares of ViacomCBS – which NAI uses as debt collateral – skidded so low over the past three weeks that the parent technically defaulted on a bank loan. That’s a headache for NAI but also a