Charter’s carriage deal for Paramount’s channels expires at the end of April, and the value of a new contract will be an important part of merger talks. Paramount Global appears to be heading toward the closure of a merger that will see it combined with Skydance Media.

Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone. Global’s special committee and David Ellison’s Skydance Media,

Paramount Global (NASDAQ:PARA) and Skydance Media are advancing toward a merger deal, with Skydance potentially buying out controlling shareholder

Paramount and Skydance are inching closer towards a potential merger that would see David Ellison's media company buy out Paramount's controlling shareholder Shari Redstone. According to individuals with knowledge of the talks who spoke to TheWrap,

Paramount Global (NASDAQ:PARA) quickly fell 3.4% amid a report the entertainment company and Skydance Media are inching closer to a deal. Paramount's special committee and David Ellison's Skydance and RedBird Capital,