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Paramount Global (PARA) is running out of time on its 30-day exclusivity talks with Skydance Media over a potential merger. The media giant has steadily lost market value over the past five years as it has struggled to keep up with competition.
Yahoo Finance Reporter Alexandra Canal joins Wealth! to break down the recent resignation of CEO Bob Bakish, and the potential deal between Paramount and Skydance and what it means for consumers.
For more expert insight and the latest market action, click here to watch this full episode of Wealth!
This post was written by Nicholas Jacobino