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Skydance Media, Paramount

The $8-billion Skydance-Paramount Global deal is finally closing. Now what?

“This will be the most dramatic change to the organization since its inception,” said one longtime CBS insider who was not authorized to comment publicly.

· 18h · on MSN

Paramount Global Co-CEO Chris McCarthy, Head of MTV Entertainment, to Exit After FCC Skydance Deal Approval

· 1h · on MSN

Paramount, Skydance expected to close deal on Aug. 7

· 21h

Federal regulators approve Paramount’s $8 billion deal with Skydance, AP Explains

Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.

· 22h

Paramount Skydance Merger Wins FCC’s Approval

· 1d

US clears way for $8 billion Paramount-Skydance merger

· 19h

Paramount Gets Green Light for $8 Billion Merger. but What Is the Psychic Cost for Company?

Following the Federal Communications Commission approval Thursday, one of the triumvirate of current Paramount leaders, Chris McCarthy, said that he would be leaving the company.

· 1d

US regulators approve Skydance acquisition of Paramount

· 1d

FCC Chair Pleased With Skydance Vow to Make Changes at CBS

20hon MSN

Paramount and Skydance Expect Deal to Close Aug. 7

The $8 billion deal is expected to close Thursday, Aug. 7, Paramount said Friday. First announced on July 7, 2024, the deal will bring together Paramount Global’s CBS, Paramount+, Paramount Pictures, Comedy Central, BET and more with Skydance’s film, animation and games production businesses.

23h

“Trump Transaction Tax”: Skydance’s FCC Saga Raises Fears That It’s The Template For Future Media Merger Reviews

Hours after announcing the approval of Skydance’s merger with Paramount, FCC Chairman Brendan Carr touted the company’s commitment to “addressing bias & restoring fact-based reporting” at CBS News, among other things.

22h

How Will David Ellison Tackle the Big Problems at Paramount?

The cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges.

1don MSN

Paramount Shares Advance On Skydance Merger But Wall Street Cautious - Now "The Real Work Begins"

Shares of Paramount are set to open higher Friday after long-awaited FCC approval for its merger erased a big question mark hovering over the company's future, but amid ongoing uncertainty about its strategic plans under Skydance Media.

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, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.

2don MSN

DEI is dead at Paramount, David Ellison’s Skydance promises FCC

Skydance separately promised to appoint a CBS News ombudsman to 'promote transparency and increased accountability' at CBS News. Skydance CEO David Ellison also has met with center-right journalist Bari Weiss.