Acquiring Company
Paramount Global
Acquired Company
Skydance
Santa MonicaGovernment AdministrationFilmFilm ProductionMedia And EntertainmentDescription
Paramount Global has announced a deal to merge with Skydance Media in an $8 billion transaction. The merger awaits approval from the FCC, which is reviewing the deal for compliance with public interest standards. This announcement comes amidst a broader conversation about diversity, equity, and inclusion policies within major companies. The closing of the deal is expected by the end of June.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed