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David Letterman Blasts CBS and Skydance on ‘The Late Show' Cancellation: ‘This Is Pure Cowardice'
David Letterman unloaded on CBS and Skydance on Friday for cancelling “The Late Show,” which he launched 32 years ago, saying the network had mistreated his successor, Stephen Colbert. In an interview posted to his YouTube channel,
Larry Ellison to Hold 35.5% of Family’s Voting Rights in New Paramount, National Amusements After Skydance Merger Closes
The Oracle chairman will not have any "veto rights, or any special or outsized voting rights," per an amendment filed with the FCC
Paramount and Skydance merger approved and Trump visits Powell at Federal Reserve: Morning Rundown
Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.
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.
Skydance pledges to Trump’s FCC it’ll eliminate DEI, install ‘ombudsman’ to root out ‘bias’ at CBS News
Skydance needs FCC approval in order to take over Paramount. It’s now promising to root out “bias” at CBS News in order to get it.
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Paramount Shares Advance On Skydance Merger But Wall Street Cautious — Now “The Real Work Begins”
Shares of Paramount are set to open higher after the FCC approval its merger but amid ongoing uncertainty about its strategic plans under Skydance Media.
“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.
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