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The Latest Breaking News from Skydance

The challenges facing the Ellisons' media empire

The Ellison's portfolio spans CBS News, Paramount Pictures, a piece of TikTok U.S. and could add CNN and HBO.

Axios

Paramount's next target in hostile takeover bid of Warner Bros. is a board of its own making

Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros

The Independent UK

Letterman trashes ‘those idiots at CBS’ over state of news division

CBS News has been under heavy scrutiny since conservative commentator Bari Weiss was installed as editor-in-chief, a move critics feared would mean the network softening its coverage of the Trump administration

The Independent UK

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Bari Weiss makes pointed dig at new French citizen George Clooney after he slammed her CBS News takeover: ‘Bonjour!’

Hollywood star railed against Weiss for ‘dismantling’ CBS News since her arrival this fall while blasting news network for capitulating to Donald Trump

The Independent UK

George Clooney says CBS and ABC should have told Trump to ‘go f*** yourself’ rather than settle lawsuits

The Oscar-winner also torched Bari Weiss, saying that CBS News editor-in-chief was ‘dismantling’ the network

The Independent UK

‘60 Minutes’ segment controversially spiked by CBS News editor-in-chief Bari Weiss appears to leak online

The recently installed editor’s decision to pull a story on Venezuelans the U.S. deported to a notorious prison in El Salvador without due process has the staff ready to ‘revolt,’ sources told The Independent

The Independent UK

Outrage after CBS pulls 60 Minutes segment on El Salvador’s Cecot prison

Controversially appointed editor-in-chief Bari Weiss says: ‘I held that story and I held it because it wasn’t ready’

The Guardian - US

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Warner Bros will urge shareholders to reject hostile bid as Trump attacks Paramount

Warner Bros Discovery is expected to urge shareholders to vote against Paramount's hostile takeover bid. This comes after Jared Kushner, Trump's son-in-law, also withdrew his private equity firm from the financing of the offer.

Euronews

‘It’s not a coincidence’: journalists of color on being laid off amid Trump’s anti-DEI push

Black and brown former employees from CBS, NBC and Teen Vogue talk about the effects of being let go

The Guardian - US

Netflix is buying Warner Brothers. Is this the end of the cinema?

The world’s dominant streaming service, Netflix, has announced its planned acquisition of Warner Bros with a deal valued at US$82.7 billion (A$124.5 billion).

The Conversation

Behind Paramount's Hostile $108 Billion Bid For Warner Bros Discovery Was— Unanswered Texts?

David Ellison-led Paramount Skydance (NASDAQ:PSKY) launched a hostile bid worth $108.4 billion for Warner Bros Discovery (NASDAQ:WBD) on Monday, in a last-ditch effort to outbid streaming giant Netflix Inc. (NASDAQ:NFLX) and create a content powerhouse. A regulatory filing on Monday revealed that the HBO owner’s lack of response fueled Paramount’s…

Benzinga

Trump May Require '60 Minutes' Apology Before Blessing Paramount's Warner Bid

A race to acquire Warner Bros. Discovery (NASDAQ:WBD) by Netflix Inc (NASDAQ:NFLX) and Paramount Skydance (NASDAQ:PSKY) intensified with an all-cash offer from the latter for the media company on Monday.

Benzinga

Skydance’s hostile bid for Warner Bros. is a Hail Mary

Here we go again.

The Mary Sue

The Netflix & Warner Bros. deal might not be set in stone

Is the deal done?

The Mary Sue

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The Independent UK

CBS News faces investigation from top House Democrat over editing of ‘60 Minutes’ Trump interview

‘The double standard here undermines public trust and demonstrates how Paramount’s capitulation has compromised CBS News’s independence,” Jamie Raskin wrote Wednesday

Barchart

What Are Wall Street Analysts' Target Price for Paramount Skydance Stock?

Despite outperforming the broader market over the past year, Paramount Skydance still holds a cautious outlook from Wall Street analysts.

International Business Times

Paramount Refutes Report of Massive $71 Billion WBD Acquisition Backed by Saudis, Qatar, Abu Dhabi

Paramount Skydance denies reports of a $71 billion WBD acquisition backed by Middle Eastern funds.

Fortune

600 Paramount Skydance employees quit instead of returning to the office, and it cost the company $185 million, filings show

CEO David Ellison offered workers an ultimatum in September: Come back to work or find a new job.

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news in one place.

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Benzinga

Paramount Skydance's New CEO Says, 'No Must-Haves' On Mergers: 'Absolutely Have The Ability To Build'

David Ellison, leading the newly merged Paramount Skydance (NASDAQ:PSKY), used his first earnings call to address speculation about potential mergers — including rumors linking the company to Warner Bros. Discovery (NASDAQ:WBD).

PC Gamer

Marvel 1943: Rise of Hydra has been delayed again, and it no longer has a clear release window: 'The team is working hard to create something truly special'

Skydance's WW2-era superhero game is missing in action.

Player One

'Marvel 1943: Rise of Hydra' Faces Another Delay as Skydance Promises Higher Quality

Skydance delays "Marvel 1943: Rise of Hydra" again, promising a higher-quality WWII adventure with Black Panther, Captain America, and Hydra battles.

The Independent UK

Stephen Colbert says it’s ‘self-evident’ that Trump settlement is ‘damaging to the reputation’ of CBS

‘Television’s in huge trouble. Maybe David Ellison [CEO of Paramount Skydance] will fix everything,” Stephen Colbert joked in an interview this week

The Mary Sue

An MTV staple has been canceled

MTV just cancelled one of their staple shows as the Paramount restructuring continues. Ridiculousness, starring Rob Dyrdek, is no more as the entertainment giant scrambles to cut costs. TMZ reports that MTV has made the decision this week. This current season will continue, but after that it’s time to hang…

The Independent UK

Paramount to lay off 2,000 employees shortly after its merger with Skydance

In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees

The Independent UK

CBS parent company Paramount Skydance to cut 1,000 jobs this week in first round of layoffs: reports

The coming job cuts, reported to total around 2,000 workers, are part of an ongoing restructuring following the venerable entertainment company’s controversial merger this August

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