Tag: merger

Fubo reported Q2 2025 revenue of 380 million dollars, topping expectations despite a seasonal drop in subscribers to 1.7 million. The sports-first streamer achieved its first-ever positive adjusted EBITDA of 20.7 million dollars and narrowed its net loss to 8…

Charter Communications is acquiring Cox Communications for $34.5 billion, forming the largest cable and broadband provider in the U.S. by subscribers. The deal also sees Charter taking over Liberty Broadband, marking the end of John Malone’s long-standing influence in the…

Paramount and Skydance are pushing to close their $8 billion merger by March 20, but they’re still waiting on FCC approval and dealing with a lawsuit from NYC pension funds. The deal includes Skydance buying National Amusements for $2.4 billion…

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…

Skydance Media, Paramount Global, and National Amusements are defending their $8 billion merger against FCC petitions alleging foreign influence, ideological bias, and anticompetitive practices. They argue the claims are baseless and legally unfounded, emphasizing that Tencent’s minority stake in Skydance…

Dish Network creditors have rejected a bond exchange offer required for Dish’s planned merger with DirecTV, creating uncertainty about the deal. The creditors objected to a $1.5 billion minimum loss on the bonds, calling for an additional $300 million reduction.…

Shari Redstone will exit the Paramount Global board in 2025 once Skydance Media and RedBird Capital acquire her company, National Amusements Inc., and merge with Paramount. The new entity, temporarily named "New Pluto Global, Inc.," will have an 11-member board…

The proposed merger between DirecTV and Dish Network faces a setback as Dish’s bondholders resist a $1.6 billion debt reduction, jeopardizing the deal’s viability. DirecTV, aiming to create a consolidated pay-TV leader, is prepared to abandon the merger if an…

Paramount Global’s "Office of the CEO," comprised of George Cheeks, Chris McCarthy, and Brian Robbins, received enhanced compensation and protections ahead of the company's merger with Skydance Media, set for 2025. The merger will create a $28 billion entity, with…

Sony Corp. and Zee Entertainment have settled all legal disputes related to their failed $10 billion merger in India. The deal collapsed due to leadership disagreements, leading to legal proceedings in multiple courts. Both companies have now withdrawn their respective…