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Paramount, 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.
FCC approves Paramount-Skydance merger
The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.
The $8-billion Skydance-Paramount Global deal is finally closing. Now what?
After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8-billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.
The FCC approves Paramount’s $8B deal with Skydance after months of chaos and political intrigue
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.
Paramount-Skydance Merger Approved by FCC, Clearing Way for $8 Billion Deal Close
The FCC, led by Brendan Carr, said that it approved the transfer of the company's broadcast licenses to Skydance and David Ellison.
US clears way for $8 billion Paramount-Skydance merger
The merger won approval from U.S. regulators, clearing the way for a sale that evolved into a clash over press freedom in the era of President Donald Trump.
F.C.C. Approves Skydance’s $8 Billion Merger With Paramount
The deal, which came under intense scrutiny by the Trump administration, was hailed by the F.C.C. chief, who welcomed “significant changes” at CBS, a unit of Paramount.
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 after the ouster of Bob Bakish as the company was in its first round of negotiations with Skydance. McCarthy is also president of Showtime/MTV Entertainment and oversees the company’s streaming platforms Paramount+ and Pluto TV.
Paramount Co-CEOs Confirm Skydance Deal Closing Date, Laud Employee Efforts During Process
Paramount Global’s co-CEOs told employees Friday that they expect an August 7 closing date for the company’s merger with Skydance, praising staffers’ efforts during the grueling process of getting the deal done.
Paramount Co-CEOs Thank Staff As Company Prepares “For a New Era” Under Skydance
Chris McCarthy, George Cheeks and Brian Robbins sent the note to staff Friday afternoon: 'It has been an honor to lead the company over the past year and work alongside you.'
Paramount and Skydance Expect Deal to Close Aug. 7
In just under two weeks, Paramount Global will complete its merger with the smaller Skydance Media to form “ Paramount ...
Paramount gets green light for $8 billion merger. But what is the psychic cost for company?
With this week’s FCC approval, the merger between Paramount Global and Skydance Media is expected to be completed in the ...
He Placated Regulators to Buy Paramount. But Can He Fix the Business?
Paramount’s cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the ...
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.
Could South Park's Trump Attack Cost Paramount? Legal Experts Weigh In
Following a near two-and-a-half-year hiatus, the premiere episode shows a naked Trump trying to seduce Satan, and came a day ...
Transformers, Ninja Turtles, Taylor Sheridan and More: All the IP David Ellison's Skydance Gets in Paramount Acquisition
Now that David Ellison's Skydance has secured the keys to Paramount Global, what toys await him inside the company's ...
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Sen. Ron Wyden talks Epstein files, Paramount-Skydance merger, more
Senior Senator Ron Wyden (D-Ore.) - soon to be the longest-serving senator in Oregon history - is back in the state for the ...
Trump's FCC Head Reacts To Paramount Merger Criticism: 'Time For A Change'
FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.