RedBird Capital Partners Acquires Paramount Global Stake for $4.5 Billion

A group of investors led by RedBird Capital Partners has acquired an unknown stake in Paramount Global for $4.5 billion. National Amusements, Inc. has approved the transaction, and investors will offer cash or stock options to Class A and B shareholders. The deal values Paramount at approximately $28 billion. Following the close, David Ellison will become Chairman and CEO, and Jeff Shell will be President. The transaction is subject to regulatory approvals and the effectiveness of a registration statement.

RedBird Capital Partners and the Ellison family have acquired a significant stake in Paramount Global, valuing the company at approximately $28 billion. The transaction, which includes an investment of $4.5 billion, has been approved by National Amusements, Inc. The deal will see David Ellison become Chairman and CEO, while Jeff Shell will serve as President. The transaction is subject to regulatory approvals and the effectiveness of a registration statement.

According to the terms of the deal, investors will offer cash or stock options to Class A and B shareholders. The acquisition follows the merger of Skydance Media and Paramount Global, which closed on August 7, 2025. The new company, Paramount, a Skydance Corporation, will operate under the ticker symbol "PSKY" on the Nasdaq stock exchange.

The merger has already led to significant changes in the company's leadership. David Ellison, who will serve as Chairman and CEO, has outlined his vision for the company, emphasizing a focus on technology and innovation. The new company will be restructured into three divisions: studios, direct-to-consumer, and TV media.

The transaction is expected to provide a significant financial boost to Paramount, with plans to inject $1.5 billion into the company's balance sheet to help pay down debt. The deal also includes provisions for share buybacks, with over $4 billion set aside for this purpose.

The acquisition of a stake in Paramount Global by RedBird Capital Partners and the Ellison family represents a significant investment in the entertainment industry. The transaction is expected to reinvigorate the company and position it for growth in the coming years.

References:
[1] https://www.latimes.com/entertainment-arts/business/story/2025-08-05/paramount-skydance-board-to-include-david-ellison-sherry-lansing-and-redbirds-gerry-cardinale
[2] https://variety.com/2025/tv/news/paramount-skydance-deal-closes-1236477281/
[3] https://finance.yahoo.com/news/skydance-media-paramount-global-complete-124800085.html