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Paramount Global, owner of CBS News, to merge with Skydance Media
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Paramount Global's parent company National Amusements and Skydance Media have agreed to merge less than a month after the sides abruptly ended deal talks. Paramount, owner of Paramount Pictures movie and television studios, the CBS television network and CBS News, announced that it is combining with Skydance, an entertainment business founded by David Ellison. Paramount also owns the Paramount streaming service, Nickelodeon, BET, MTV, Comedy Central and other media brands. #news
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