Tag: media mergers

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…

John Malone and Rupert Murdoch held serious discussions in 2024 about merging Warner Bros Discovery and Fox Corporation, but the deal collapsed over the incompatibility of CNN and Fox News. While the merger would have combined major strengths in sports,…

Ask Skip breaks down Warner Bros. Discovery's recent split as a calculated move to protect its growth assets like HBO, DC, and the Warner Bros. studio from the drag of declining legacy businesses such as CNN and HGTV. This isn’t…

Paramount Global received final FCC approval to merge with David Ellison's Skydance, clearing the path for the $8 billion deal to close within weeks. The vote, however, was not without political tension. Commissioner Carr cited Skydance’s plans to scale back…

Paramount Global’s $16 million settlement with Donald Trump over a "60 Minutes" segment hasn't resolved broader uncertainties surrounding its proposed sale to Skydance Media. Despite prior projections of a mid-2025 closing, the deal remains in limbo amid declining TV revenues,…

ISS has recommended Paramount Global shareholders vote against the re-election of Shari Redstone and three other board members, citing concerns over the company’s dual-class capital structure and executive compensation practices. The proxy adviser’s move adds pressure as Paramount awaits regulatory…

Paramount Global is struggling to secure long-term streaming rights to "South Park" as its current $900M deal with creators Matt Stone and Trey Parker nears expiration in 2027. Negotiations to bring the show fully to Paramount+ have stalled due to…

Disney has finalized its acquisition of Hulu, buying Comcast’s remaining 33% stake for $438.7 million, bringing the total valuation to $9.2 billion. This ends a years-long valuation dispute and gives Disney full financial control, allowing deeper integration of Hulu with…

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…