M&A Deal Summary

Paramount Skydance Acquires The Free Press

On October 6, 2025, Paramount Skydance acquired digital media company The Free Press for 150M USD

Acquisition Highlights
  • This is Paramount Skydance’s 1st transaction in the Digital Media sector.
  • This is Paramount Skydance’s 5th largest (disclosed) transaction.
  • This is Paramount Skydance’s 9th transaction in the United States.
  • This is Paramount Skydance’s 4th transaction in New York.

M&A Deal Summary

Date 2025-10-06
Target The Free Press
Sector Digital Media
Buyer(s) Paramount Skydance
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

The Free Press

New York, New York, United States
The Free Press is a digital media outlets today. The publication’s commitment to independent, fact-based journalism has earned it a broad and influential following that spans generations, geographies, and perspectives. The Free Press was formed in 2021 and is based in New York, New York.

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Buyer(S) 1

Buyer

Paramount Skydance

New York, New York, United States

Category Company
Founded 1986
Sector Media
Employees18,600
Revenue 29.2B USD (2024)
DESCRIPTION

Paramount Skydance is a global media and entertainment company. It operates across three core segments—Studios, Direct?to?Consumer, and TV Media—and manages iconic assets including Paramount Pictures, CBS, MTV, Nickelodeon, Paramount+, and Pluto TV. Paramount Skydance was formed in 1986 and is based in New York, New York.


DEAL STATS #
Overall 14 of 14
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 8
State: New York M&A 4 of 4
Country: United States M&A 9 of 9
Year: 2025 M&A 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-07 Skydance Media

Santa Monica, California, United States

Skydance Media is a diversified media company provides elevated, event-level entertainment for global audiences. Skydance produces content across its feature film, television, interactive and animation divisions. Skydance Media was established in 2010 and is based in Santa Monica, California.

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