Tag: Skydance Media

Netflix has reportedly retained Moelis & Co. to evaluate a potential acquisition of Warner Bros. Discovery’s studio and streaming assets, signaling serious interest in a transformative deal. The focus is strictly on WBD’s high-value IP engines like Warner Bros. Pictures,…

Paramount Skydance has appointed Jeff Silberman as SVP of corporate strategy, reporting to EVP Tony Driscoll. Silberman brings consulting experience from BCG and legal expertise from top firms, bolstering the company’s strategic leadership as it continues integrating assets post-merger. The…

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…

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…

Former FCC Commissioner Rob McDowell warned that Paramount Global risks becoming a "melting ice cube" if its $8B merger with Skydance Media falls through. Regulatory approval has stalled amid political tensions surrounding a $20B lawsuit from Donald Trump against CBS…

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 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…