News

For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed

Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, ...

Paramount Co-CEO Chris McCarthy Set to Exit After Skydance Merger

McCarthy became co-CEO of Paramount, alongside George Cheeks and Brian Robbins, in April 2024. The trio took on the role ...

FCC Clears Paramount-Skydance Merger

The $8 billion deal's green light comes after CBS reached a $16 million settlement with Donald Trump over his lawsuit against ...

CBS insiders warn that Skydance merger brings 'hall monitor' to news division

Skydance merger approval that includes the elimination of diversity initiatives and the appointment of an ombudsman to ...

Paramount Shares Reverse Gains After Skydance Merger Greenlight, Investors Cautious – Update

Shares of Paramount are set to open higher after the FCC approval its merger but amid ongoing uncertainty about its strategic ...

How The World’s Second-Richest Person And His Son Pulled Off The $8 Billion Paramount Deal

David Ellison, son of the software centi-billionaire, nurtured a relationship with Paramount over 15 years. His father’s ...

Paramount Says Skydance Deal Will Close Next Week. Why the Stock Just Got Downgraded.

Paramount Global will take on a (slightly) different name and a brand new ticker when the entertainment company’s messy ...

Former CBS anchor warns Paramount merger marks 'the end' of the network and 'honest' journalism

Former TV anchor Connie Chung said on Friday that the recent Paramount Global-Skydance Media merger could mark the end of CBS ...