April 19 (Reuters) - Skydance Media, which is in

exclusive merger talks with Paramount Global ( PARAA ), expects

to more than double its revenue and triple its adjusted earnings

in the coming years, the Wall Street Journal reported on Friday.

Skydance expects to make just over $1 billion in revenue in

2024 with Ebitda of $90 million, and in 2025 expects $2.29

billion in revenue and $322 million in Ebitda, the report added,

citing people familiar with the matter.

Paramount is currently engaged in exclusive deal talks with

Skydance Media, an independent studio led by David Ellison,

though some investors have urged Paramount to explore other

options.

Skydance did not immediately respond to a Reuters request

for comment.

Shares of Paramount Global ( PARAA ) closed up 13% on Friday, a day

after Reuters reported Sony ( SONY ) and Apollo Global

Management ( APO ) were discussing a joint bid for the media

company.

Paramount's revenue declined nearly 2% last year, with the

company still coming to terms with consumer shift away from

traditional linear television to streaming services.