Paramount’s sale to Skydance closes Oct. 6, creating a roughly $110 billion company that will trade on the NYSE under the ticker SKYD. For boxing, the key change is in sports leadership at the new Skydance-controlled broadcaster, which could reshape how Zuffa Boxing’s events are managed and distributed.
The Paramount Skydance acquisition of Warner Bros. Discovery closes Tuesday, October 6. The combined company will be called Skydance, is valued at roughly $110 billion, and begins trading on the New York Stock Exchange under the ticker SKYD. For boxing, the relevant detail is who runs sports. CNBC reported Monday that David Berson, president and […] The post Tomorrow Zuffa Boxing’s Broadcaster Becomes the Biggest Sports Company in America appeared first on BoxingInsider.com.
Curated by Taleb Kabbara · Source: www.boxinginsider.com
Paramount, Skydance, Warner Bros. Discovery, New York Stock Exchange
Paramount: Paramount is one of the companies involved in an acquisition that closed, forming the new combined company Skydance and affecting sports broadcasting arrangements.
Skydance: Skydance is the name of the combined company formed by the Paramount Skydance acquisition of Warner Bros. Discovery and will begin trading on the NYSE under the ticker SKYD.
Warner Bros. Discovery: Warner Bros. Discovery is the media company that was acquired in the Paramount Skydance transaction to form the new Skydance company.
New York Stock Exchange: The New York Stock Exchange is the exchange where Skydance will begin trading under the ticker SKYD.
This article is part of Prism's real-time sports business intelligence radar, which tracks sponsorships, partnerships, media rights, stadium deals, and investments across global sports. View the full intelligence profile for each company to access active analysis modules, deal timelines, and connected company networks.