 I'm Dom Savino with your Money Now. A long-running will-they-won't-they Hollywood merger has finally become reality. Paramount Global has agreed to merge with Skydance Media, which counts the latest Mission Impossible and Terminator films among its media empire. The deal opens a new chapter for Paramount, the MTV and CBS parent. It's one of Hollywood's oldest studios, but it's also shed $17 billion in value in the last five years.