Skydance-Paramount merger is reportedly back on, after Barry Diller expresses interest

Get the Full StorySkydance and Shari Redstone reportedly have a tentative agreement for Paramount, after media mogul Barry Diller had shown interest.

Roughly 50 years ago, Barry Diller was head of Paramount Pictures. A little over 30 years ago, he tried to purchase the company, only to be outbid by media mogul Sumner Redstone. And on Tuesday, it appeared that Diller might be prepared to buy Paramount Global from his one-time rival s daughter, Shari, who controls the company.

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