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The Latest Breaking News from Skydance

Paramount may reportedly settle Trump's $10 billion lawsuit against CBS so his administration doesn't try to block its planned merger with Skydance

President Trump is suing companies and they’re settling. Paramount could be next.

Fortune

Will CBS News' parent company settle Trump’s ‘frivolous’ 60 Minutes lawsuit to secure huge merger?

Paramount head Shari Redstone stands to clear billions of dollars once the merger with Skydance Media goes through.

The Independent UK

The Incoming FCC Chief Is No 'Warrior for Free Speech'

Brendan Carr is prepared to block a merger because he doesn't approve of minor CBS editorial decisions.

Reason

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read the most diverse news in one place.

At Paramount—as moguls, executives, and 3 CEOs struggled for control—some employees describe a brutal year

Paramount Global laid off more employees in 2024 than any of its rivals. A larger reckoning is still playing out.

Fortune

Paramount-Skydance merger faces a new challenge over concerns about a China-based investor

Proposed Hollywood studio merger between Paramount and Skydance Media has received a new challenge this week.

Fortune

Skydance's Behemoth is even better than I expected it to be

Skydance's BEHEMOTH is the latest AAA VR game to come out on the Meta Quest, delivering satisfying dark fantasy giant slaying action.

Android Central

Shari Redstone To Leave Paramount Board Post Skydance Merger: Report

Both Redstone and her son, Tyler Korff, have the option to join the board of the new company but have no plans to do so, according to a report.

International Business Times

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MTV turns to innovative AI for money

MTV finds innovative ways to generate revenue amid economic struggles.

The Street

Paramount Chair Shari Redstone To Receive $180M In Severance, Benefits: Report

Paramount chair Shari Redstone is set to receive $180 million in severance pay following Skydance's acquisition of the movie company.

International Business Times

Skydance Merger With Paramount Moves Forward After Bronfman Drops Bid

Canadian media mogul proposed $4.3B for the company a week ago

TV Tech

Path clears for Paramount merger with Skydance after Bronfman drops bid

Ex-Warner Music chief had formed consortium to gazump planned deal but some would-be investors withdrew

The Guardian - UK

Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead

The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer

The Independent UK

Edgar Bronfman Jr.’s Bid for Paramount Fades to Black

Withdrawal appears to clear way for Skydance to close acquisition of struggling media company

Multichannel News

Pound hits two-year high against US dollar; White House ‘pressured’ Facebook on Covid-19 content – as it happened

Live coverage of business, economics and financial markets as Federal Reserve rate cuts drive US dollar lower

The Guardian - UK

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International Business Times

Path Cleared For Skydance Media's Paramount Takeover As Edgar Bronfman Exits Bid

Paramount's board, through its special committee, confirmed the conclusion of the "go shop" period.

International Business Times

Skydance Accuses Paramount Of Breaching Buyout Deal Terms, Seeks Halt To Bronfman Negotiations: Report

David Ellison's Skydance is reportedly demanding that Paramount stop its negotiations with Edgar Bronfman Jr. after the latter improved his bid to acquire the entertainment titan.

The Independent UK

Paramount extending 'go shop' period by 15 days so it can review Bronfman offer

Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the “go shop” period for Bronfman will be extended until…

International Business Times

Edgar Bronfman Raises Bid To Acquire Paramount Global As 'Go Shop' Period Extended: Reports

Bronfman's latest offer includes $3.2 billion in funds that could be used to reduce Paramount's debt or to buy non-voting shares from investors.

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The Guardian - US

Paramount Global receives $4.3bn takeover offer from Edgar Bronfman Jr

Veteran media executive’s bid would scupper Hollywood media empire’s planned merger with Skydance Media

Multichannel News

Edgar Bronfman Makes $4.3 Billion Bid For Paramount

Shari Redstone’s National Amusements gets $2.4 billion

International Business Times

Edgar Bronfman Submits $4.3 Billion Rival Bid For Paramount Global

The bid also covers a $400 million breakup fee, which would be necessary to terminate a competing agreement that Paramount Global had previously entered into.