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Skydance, Paramount Global and CBS

FCC greenlights Skydance/Paramount deal after CBS concessions

“The FCC’s approval of the Paramount-Skydance merger reeks of the worst form of corruption,” Sens. Ed Markey (D-Mass.) and Ben Ray Luján (D-N.M.) said in a joint statement. “The stench of this transaction will linger over the Commission for years.”

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Paramount, Skydance expected to close deal on Aug. 7

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FCC OKs $8B Paramount—Skydance Deal, Says It Ensures ‘Diversity of Viewpoints’ at CBS

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US clears way for $8 billion Paramount-Skydance merger

The $8.4 billion merger between Paramount Global (PARA.O) and Skydance Media won approval from U.S. regulators on Thursday, clearing the way for a sale that evolved into a clash over press freedom in...

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US regulators approve Skydance acquisition of Paramount

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F.C.C. Approves Skydance’s $8 Billion Merger With Paramount

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US FCC clears way for $8 billion Paramount-Skydance merger

Skydance said it would appoint an ombudsman to evaluate complaints of editorial bias or other concerns about CBS in an effort to promote transparency and increased accountability.

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Trump Administration OKs Skydance Merger With CBS Parent Company Paramount

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US regulators approve $8 billion acquisition of Paramount

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David Letterman calls out CBS' 'pure cowardice' for canceling 'The Late Show with Stephen Colbert'

Former late-night host David Letterman slammed Paramount and CBS on Friday for their treatment of Stephen Colbert, suggesting the cancellation may be linked to avoiding trouble with Trump.

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David Letterman Blasts CBS and Skydance on ‘The Late Show With Stephen Colbert’ 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,

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David Letterman Slams ‘Gutless’ CBS Over ‘Late Show’ Cancellation: ‘Pure Cowardice’

For Stephen [Colbert], I love this, because he gets to be a martyr,” former Late Show host says of his successor

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FCC Chairman Praises Skydance’s “Commitment To Serious Changes At CBS”; Democratic Commissioner Blasts “Cowardly” Capitulation

FCC chairman Brendan Carr praised Skydance Media's commitment to hire an ombudsman for CBS News after it completes its merger with Paramount Global.

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.

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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.

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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 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.

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Media merger: CBS owner Paramount to enter $8.4B deal with Skydance, after lawsuit settlement with Trump; new owners commit $20 mn to pro MAGA ads

The US FCC has approved the merger of Paramount Global and Skydance Media. This deal transfers control of CBS, Paramount Pictures and other networks to Skydance. The approval follows a settlement in a lawsuit filed by Donald Trump.