Paramount Global has set its annual shareholder meeting for July 2, offering the latest signal that the long-gestating merger with Skydance Media is unlikely to close on schedule.
In multiple recent regulatory filings and statements, Paramount has maintained its guidance that the $8 billion deal would close during the first half of 2025, which ends June 30.
Paramount disclosed details about the shareholder meeting, which will be conducted virtually at 9 a.m. ET on July 2, in an updated proxy filing. During the meeting, shareholders will have the chance to vote to add three new members to the company’s board of directors. Attorney Mary Boies, ex-judge Roanne Sragow Licht and venture capitalist Charles Ryan have been nominated by the company’s board governance committee. Existing dire