Possible New Paramount/Skydance Media Logo Disclosed
July 15, 2024
The pending $8 billion merger between Paramount Global and SkyDance Media looks to invigorate a legendary studio, expand digital distribution and streamline costs — all under a new proposed corporate banner.
The new banner was revealed on a July 8 fiscal call featuring company executives outlining the fiscal synergies between the companies. The logo incorporates the legacy Paramount mountain and stars, while incorporating the underlined Skydance font in the Paramount name.
Executives on the call included David Ellison, CEO of Skydance Media; Gerry Cardinale, founder and managing partner of Redbird Capital, which is helping fund the transaction; former NBCUniversal CEO Jeff Shell (also with Redbird Capital); members of Paramount Global’s current Office of the CEO, CBS CEO George Cheeks, Showtime CEO Chris McCarthy and Paramount Pictures CEO Brian Robbins; and CFO Naveen Chopra.
Ellison is slated to become CEO and chairman of the combined companies, while Shell comes in as president. Upon closure of the 45-day window allowing third party suitors, Skydance would become the new owner of the media giant, which includes Paramount Pictures, CBS, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV.
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