Barry Dillersaid his interest inParamount Globalunquestionably pushedSkydanceto close its merger with the media company.
The months-long sale process finally wrapped last month.
Skydance prevailed with its proposal to invest $8 billion in buying out NAI and then merging with Paramount.
Barry Diller
The pact is starting regulatory review and is expected to close in the first half of 2025.
Watch on Deadline
Financial opportunity motivated him more than sentiment, Diller emphasized.
I thought of it as a duty rather than a desire, he said.
I thought I knew what to do with it.
We thought very seriously about it and had many different discussions with NAI.
We were the ones, clearly, that got Skydance to exit the first round of it.
Even so, he said legacy companies wont go out of business anytime soon.
