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Fri, January 3, 2025
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Paramount, Skydance hit back after critics slam pending merger's potential liberal bias, foreign influence
- Paramount Global and Skydance Media punched back at critics of their pending merger, saying that they fail to show they'll be harmed by the deal and instead their demands threaten free speech rights in a regulatory filing Thursday.
The article discusses the backlash and defense surrounding the potential merger between Paramount Global and Skydance Media. Critics have raised concerns about the merger, suggesting it could introduce a liberal bias and foreign influence into Paramount, primarily due to Skydance's connections with influential figures like David Ellison, son of billionaire Larry Ellison, and investments from entities like the Public Investment Fund of Saudi Arabia. In response, Paramount and Skydance have defended the merger, arguing that it would enhance Paramount's content creation capabilities and global reach, while dismissing claims of political bias or undue foreign influence as unfounded. They emphasize that the merger aims to strengthen Paramount's position in the competitive entertainment industry, focusing on creative and financial benefits rather than political agendas.
Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/movies/paramount-skydance-hit-back-after-critics-slam-pending-merger-s-potential-liberal-bias-foreign-influence/ar-AA1wUUtQ ]
Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/movies/paramount-skydance-hit-back-after-critics-slam-pending-merger-s-potential-liberal-bias-foreign-influence/ar-AA1wUUtQ ]
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