National Amusements, which owns a majority voting stake in the embattled entertainment giant Paramount Global, has called off merger talks with Skydance Media.
Skydance, founded by David Ellison in 2010, is known for co-financing blockbuster franchises such as “Mission: Impossible” and “Top Gun.” The potential deal has drawn attention for weeks, but the two sides have not been able to reach mutually acceptable terms for the merger.