The Firm represented Paramount Global (“Paramount”) in connection with its merger with Skydance Media, LLC (“Skydance”), which closed on August 7, 2025 creating Paramount Skydance Corporation. The terms of the transaction agreement valued the combined company at an enterprise value of approximately $28 billion.
Paramount Skydance Corporation is a leading, next-generation global media and entertainment company, uniting legendary brands including Paramount Pictures, Paramount Television, CBS, CBS News, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+ and Pluto TV with Skydance’s Animation, Film, Television, Interactive/Games and Sports divisions.
The Simpson Thacher team included Eric Swedenburg, Katherine Krause, Felicity Bell, Elias Rosenblatt, Muaaz Maksud and Millen Trujillo (M&A); Jamin Koslowe, Gillian Emmett Moldowan, George Gerstein and Guanxiong Xu (ECEB); Jonathan Goldstein, Andrew Mandelbaum, Shareef Salfity and Jiha Min (Tax); Brian Steinhardt and Patrick Wolff (Banking & Credit); Hui Lin, Katharine Thompson, Adriana Estor, Erin Camia, Kelsey Henderson, Katherine Sparkman and Shuhan Zhang (Capital Markets); Jonathan Lindabury, Nathan Utterback and Mehrdad Alvandi (Derivatives); Lori Lesser, Corina Holland and Christina Breitbeil (Intellectual Property); Sara Razi, Antonio Bavasso, Josh Buckland, Daniel Owsley, Jessie Li and Lina Kim (Antitrust); Mick Tuesley, Abram Ellis, Mark Skerry, Christine Tillema, Jennifer Ho, Samantha Sergent, Thomas Lopez and Peter Tian (Regulatory); Michael Isby (Environmental); and Krista McManus and Dennis Loiacono (Real Estate).