Here’s what’s next for Paramount after Skydance deal is stopped in its tracks

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National Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what’s next for the legacy media giant during a tumultuous period for the industry.

Paramount, like many of its peers, is grappling with how to make streaming a profitable business as it faces peak competition, a rapidly shrinking universe of cable-TV customers and a slowdown in the advertising market that has especially weighed on the bundle.

Now it’s up to three leaders at the helm of Paramount to figure out the company’s best path forward.

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