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- Paramount and Skydance have agreed to terms on a merger, according to multiple reports.
- The deal is valued at $8 billion, according to CNBC, but has yet to be signed by Shari Redstone.
- The deal would mark a Hollywood coup for David Ellison.
After weeks of negotiations, a Paramount and Skydance merger is happening, according to reports in CNBC and Deadline.
The deal has yet to be signed by Shari Redstone, who owns a controlling stake in Paramount, but will be formally unveiled in days, according to CNBC.