Skydance Reaches New Deal With Redstone’s National Amusements

Skydance Media has reached a preliminary agreement to buy Shari Redstone’s family company National Amusements and merge with Paramount Global rekindling deal talks that fizzled last month. National Amusements, which owns about 77% of the voting shares of Paramount Global, plans to refer the new deal to a special committee of the entertainment company’s directors for review, people familiar with the matter said.