Tech entrepreneur David Ellison is on the verge of taking over Paramount Global, as a special committee has voted to support a merger with his company, Skydance Media. The full board, including non-executive chair Shari Redstone, is expected to approve the deal soon. After a previous deal fell through, Redstone is eager to finalize this arrangement, which includes selling National Amusements to Ellison and his partners. The merging of Paramount with Skydance would bring together the film studio and popular television networks like CBS, MTV, and Nickelodeon. With major film releases like “Top Gun: Maverick” and “Mission: Impossible -Dead Reckoning” under their belt, this partnership promises to be lucrative. After weeks of negotiations, Skydance sweetened their offer to the Redstone family, potentially securing the deal for $1.75 billion while increasing legal protections. The final agreement is anticipated to be announced shortly.