Paramount and Skydance Resume Talks for Potential Deal after Abrupt End

After calling off talks in June, Paramount, the parent company of CBS, MTV, and Nickelodeon, and Skydance, the movie studio behind "Top Gun: Maverick," have resumed negotiations. Three sources familiar with the situation confirmed the restart of discussions on Tuesday, July 2nd.

Previous Clash and New Talks

Paramount's controlling shareholder, National Amusements, led by Shari Redstone, had clashed with Skydance in the final weeks of the previous negotiations, resulting in the cancellation of the deal talks just before a scheduled merger vote. However, National Amusements is now back in talks with Skydance for a possible deal, although specific terms have not yet been disclosed.

Future Developments

The outcome of the renewed discussions between Paramount and Skydance remains uncertain, and it is not immediately clear how the two parties might proceed with a potential deal. This is an evolving situation, and further updates are expected. Watch out for the latest developments on this story.