News

Anxiety Builds at CBS News Over Potential Moves by Skydance

CBS News staffers worry about possible layoffs and 'CBS Evening News" will tweak its format in a bid to focus anew on ...

Paramount Skydance Says It Won’t Spin Off Cable Networks, But

The newly merged company’s C-suite execs acknowledge the stiff headwinds of that business and float possible streaming moves ...

Skydance CEO David Ellison feels the heat, melts down while taking questions as ‘new Paramount’ press conference goes off the rails

Today marks Day One of a new Paramount,” David Ellison, new CEO of the merged Skydance and Paramount, said Thursday.

Skydance, Paramount merger closes

Skydance Media and Paramount Global have completed their merger, creating a new media conglomerate and ending months of ...

Paramount Skydance Shares End Roller-Coaster, Memestock-Fueled Week Up 30%, Boosting Market Cap by $2 Billion

Paramount Skydance, over its first full week on the stock market under new owners, saw its stock jump 30% — and boomed as ...

GAMCO sues Redstone for allegedly short-changing Paramount investors in Skydance deal

(Reuters) -Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global ...
The New York Sun3d

Redstone Sued Over Paramount-Skydance Merger as Angry Investors — and Outraged Liberals — Vent Over Messy Transaction, Bullying of CBS News

The lawsuit alleges there was an ‘unfair and inequitable’ payout for shareholders.

Paramount, Skydance complete $8 billion merger as FCC continues CBS probe

Skydance Media and Paramount Global completed their $8 billion merger as the FCC continues investigating CBS News for alleged ...

Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant

Skydance and Paramount officially closed their $8 billion merger on Thursday — kicking off the reign of a new entertainment ...

Skydance’s Paramount Lands UFC Rights in $7.7 Billion Deal

Under the seven-year deal, UFC fights will be streamed on Paramount+ and select bouts will be simulcast on CBS.

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...