News

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, ...
Skydance informs Trump’s FCC it will eliminate DEI at Paramount, create CBS News ombudsman following merger
Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for ...
As FCC Clears Paramount-Skydance Deal, All Eyes Are on Rebuilding the Media Giant
Shares of Paramount ticked lower on Friday following news that the FCC has cleared the way for the closing of the media giant ...
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 Skydance Corp.” — and bring a rollercoaster M&A ride to its conclusion. The FCC ...
Skydance Tells FCC It Will Create CBS News Ombudsman, Eliminate DEI at Paramount
The pledges come as Skydance is seeking to secure FCC approval for the transfer of the CBS broadcast licenses, which is ...