process whose completion appeared more than doubtful is now right on track. That process is, of course, the Paramount Global merger with Skydance Media, which has had a fitful history these past few months. But late Sunday evening, Paramount’s board of directors gave its approval to the deal, which was officially announced on Monday morning. Current Skydance CEO Larry Ellison and former NBCUniversal head Jeff Shell met with reporters and analysts for a conference call on Monday to discuss the deal and provided plenty of details on their plans for the future of Paramount+ and other company assets.
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