Tag: CBS News

Paramount-WBD’s $110 billion merger has shareholder approval, but regulators in the U.S., U.K., and EU now control how much value survives the process. State attorneys general add another layer of risk, while scrutiny around streaming pricing, bundling, content access, labor,…

Paramount has acquired Bari Weiss’s media startup The Free Press for $150 million and named her editor-in-chief of CBS News. The move gives Weiss control over CBS News while she continues to run The Free Press as an independent brand.…

Donald Trump hinted at a U.S.–China deal involving TikTok, likely placing Oracle, cofounded by Larry Ellison, back in the spotlight as a key player. This comes amid Ellison’s recent $8 billion Paramount Skydance merger and rumors of a potential $70…

Paramount Global is planning to lay off 2,000 to 3,000 employees by early November as part of post-merger cost-cutting measures following its $8 billion merger with Skydance Media. While CEO David Ellison is ramping up content spending—including a $7 billion…

CBS News CEO Wendy McMahon has resigned amid internal tensions with Paramount Global leadership and mounting editorial interference from controlling shareholder Shari Redstone. The clash, centered on journalistic independence at "60 Minutes" and broader issues including DEI and political coverage,…

Paramount Global and Skydance Media have extended their $8B merger agreement after failing to secure FCC approval by the April 7 deadline. All other conditions have been met, but the deal remains stalled due to regulatory uncertainty tied to a…

Paramount's merger with Skydance got the green light from the SEC and European Commission, but it's not smooth sailing just yet. The FCC is digging into the deal, partly due to renewed political drama around CBS News, and shareholders are…