Paramount Skydance

Banks are receiving bids on $49 billion in Paramount debt ahead of its sale. Paramount Skydance Corp. and Netflix Inc. are preparing for a prolonged bidding war over Warner Bros. Discovery Inc., expected to continue into 2026.

Paramount Skydance CEO David Ellison is restructuring the company's ad product and tech teams to create a unified organization, as outlined in a late-June memo from EVP Hugh Williams. The changes aim to modernize Paramount and align with digital transformation goals, including merging streaming platforms and developing interactive features.

CNN journalist Paula Reid is leaving the network for MS NOW due to concerns over Paramount Skydance's acquisition of CNN and potential leadership changes under Paramount CEO David Ellison. Reid's decision follows reports that Bari Weiss, editor-in-chief of CBS News, may lead CNN, with other CNN journalists expressing fears about the merger's impact.

The UK government may challenge Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery. French inflation decreased to 1.8% in June, and Spain's undocumented population is applying for legal status as part of an economic strategy.

The UK may intervene in Paramount Skydance’s proposed $110 billion takeover of Warner Bros Discovery, potentially referring it to the UK’s antitrust regulator. This follows the UK’s 2023 decision to block Microsoft’s $69 billion acquisition of Activision Blizzard, which was later reversed after Microsoft amended its terms.

Netflix may pursue NBCUniversal after losing the bid for Warner Brothers Discovery, as NBCUniversal's higher revenue, theme parks, and sports rights make it a more synergistic acquisition. The potential deal could align with Netflix's expansion beyond streaming and leverage NBCUniversal's strong assets.

Paramount Skydance anticipates a joint lawsuit from New York and California to block its $81B merger with Warner Bros. Discovery. California is expected to lead the lawsuit due to its role as Hollywood's headquarters.

Amy Goodman, host of 'Democracy Now!', has spent 30 years reporting on underreported global issues. A new documentary, 'Steal This Story, Please!', chronicles her career and the growth of her news program. The U.S. Department of Justice recently closed an antitrust investigation into a $110 billion merger between Paramount Skydance and Warner Bros. Discovery.

Sean Penn will direct an untitled Warner Bros. film about a police officer at the Jan. 6 Capitol riot, based on a real person. Bradley Cooper is in talks to star, with production expected to begin in mid-2027. The film follows Penn's Oscar-winning role in 'One Battle After Another' and references his attendance at the 2022 House Select Committee hearings.

Paramount Skydance rejected an ad from the Freedom of the Press Foundation that criticized its leadership and merger with Warner Bros Discovery, citing a 'conflict of interest.' The ad targeted David Ellison and his father Larry Ellison.

Disney is encouraging tech employees to use AI tools like Claude and Cursor to boost productivity and speed, but warns against excessive 'tokenmaxxing'—wasteful AI token usage. The company tracks token efficiency via an AI Adoption Dashboard and emphasizes code quality over mere speed, while rivals like Microsoft and Paramount Skydance also limit AI token spending.

The U.S. Justice Department concluded that Paramount Skydance's $81 billion acquisition of Warner Bros. Discovery will not harm competition or consumers, closing its antitrust investigation. The merger, opposed by critics and industry professionals over consolidation risks, is expected to boost competition in media and streaming, though it will involve significant job cuts due to duplication.

The U.S. Justice Department concluded that the Paramount Skydance merger with Warner Bros. Discovery will not harm competition or consumers, closing its antitrust probe. Regulators argued the deal would increase competition in media and streaming, though critics warn it could reduce industry diversity and lead to job losses.

The U.S. Justice Department has concluded that the merger between Paramount Skydance and Warner Bros. Discovery is unlikely to harm competition or consumers, closing its investigation. The deal, which faced a rival bid from Netflix, is expected to increase competition in the media and entertainment industry, though critics argue it may lead to job losses and reduced content diversity.

The DoJ approved the Paramount Skydance-Warner Bros. deal, giving the Ellison family control of American media. The deal has raised concerns about the future of the film, television, and news industries.

The U.S. Justice Department has approved Paramount Skydance’s proposed acquisition of Warner Bros. Discovery, stating it will not harm competition or consumers. The merger, which combines media and entertainment companies, has cleared a key regulatory hurdle.

The Justice Department has approved Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, clearing the way for a merger that will unite two of Hollywood’s most storied studios.

Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery has received approval from the DOJ, which stated it would not harm consumers or weaken competition.

SpaceX became the largest initial public offering in history, making Elon Musk a trillionaire. The Justice Department approved a merger between Paramount Skydance, the parent company of CBS News, and Warner Bros. Discovery.

The Department of Justice approved Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery, concluding it is not likely to harm competition.

The US Department of Justice approved the $111bn merger of Paramount Skydance and Warner Bros Discovery, despite concerns about reduced competition in film studios and potential merging of news networks CBS News and CNN. The deal remains under UK scrutiny and could face lawsuits from state attorneys general.

The US Justice Department has approved the $111 billion merger of Paramount Skydance and Warner Bros Discovery. The deal remains under UK scrutiny with a new investigation and could face lawsuits from state attorneys general, with concerns about reduced competition and merging news networks CBS News and CNN.

The Justice Department has approved the merger between Paramount Skydance and Warner Bros. Discovery. CBS News MoneyWatch correspondent Kelly O'Grady reported the development.

Paramount Skydance CEO David Ellison has received US Department of Justice approval to acquire Warner Bros. Discovery in a $111 billion deal, positioning Paramount as a major Hollywood player. The DOJ stated the transaction is unlikely to harm competition or consumers, though challenges abroad and potential lawsuits remain.

The U.S. Department of Justice has approved Paramount Skydance's acquisition of Warner Bros. Discovery. The approval follows antitrust review, with studios located in Burbank, California, and Los Angeles.

Paramount Skydance CEO David Ellison highlights AI's role in boosting productivity by completing tasks in minutes that previously took hours. The company is adopting AI tools like Claude Code and implementing monthly spend limits on AI tokens as part of its 'tech-forward' strategy ahead of acquiring Warner Bros. Discovery.

The merger of Paramount Skydance and Warner Bros. Discovery faces resistance from Hollywood, with potential additional costs if regulators delay the deal. The deal's progress could trigger financial risks for Paramount due to regulatory challenges.

Paramount is reorganizing its streaming teams to unify Paramount+ and Pluto TV under a single tech platform, aiming to improve efficiency and recommendations. The changes involve reassigning staff post-convergence without layoffs, while key hires in AI and ad sales support David Ellison's tech-focused strategy.

Paramount Skydance alleges Netflix is attempting to influence regulators and stakeholders against its proposed merger with Warner Bros. Discovery (WBD) through a 'scorched-earth campaign.' Makan Delrahim, Paramount's chief legal officer and a former assistant attorney general, sent a letter to the DOJ's Antitrust Division responding to concerns raised by the Teamsters union about job impacts from the merger.

CBS News boss Bari Weiss may oversee CNN's editorial operations if Paramount Skydance's acquisition of Warner Bros. Discovery is approved. Paramount executives are discussing candidates to manage business-side operations alongside Weiss.

Former CBS News staffers, including ex-60 Minutes employees, sent a letter to Paramount Skydance CEO David Ellison urging commitment to editorial independence after several top 60 Minutes staffers were fired. The dismissed correspondents accused the network of compromising editorial independence for political purposes.

Paramount Skydance is meeting with the DOJ to discuss its WBD deal, allowing critics to attend. Opposition claims the merger would reduce jobs and competition, but Paramount insiders suggest political motives are behind the resistance.

Last.fm has become an independent company after nearly two decades under CBS ownership. The streaming service is ending its relationship with Paramount Skydance, the parent company of CBS.

Christiane Amanpour expressed concern over David Ellison's potential acquisition of CNN through Paramount Skydance's takeover of Warner Bros. Discovery, citing changes at CBS News as a warning sign. Amanpour hopes CNN maintains editorial independence if the deal closes. The proposed takeover has sparked internal controversy and backlash from liberal critics.

Christiane Amanpour expressed concern about Paramount Skydance's acquisition of Warner Bros Discovery, citing potential ideological realignment of CBS News. The merger may impact CNN and its programming. Amanpour spoke at the Truth Tellers summit, honoring Sir Harry Evans.

Congress members protested a dinner hosted by Paramount Skydance CEO David Ellison to honor the Trump White House, as the Trump administration considers a $110 billion merger between Paramount and WarnerBros Discovery. The event, criticized for its close ties to the White House, precedes the White House correspondents' dinner where Trump will attend.

Warner Bros. Discovery shareholders approved Paramount Skydance's $81 billion acquisition of the company. The deal, announced by CBS News, marks a significant shift in the media and entertainment industry.

Warner Bros. Discovery shareholders overwhelmingly approved the merger with Paramount Skydance, but rejected the executive compensation package that would have paid CEO David Zaslav at least $500 million. The merger still requires regulatory approvals and is expected to close in Q3 2024.

Warner Bros. Discovery shareholders approved the company's acquisition by Paramount Skydance, advancing the multibillion-dollar merger. NBC News' Chloe Melas reports on the next steps in the process.

Warner Bros. Discovery shareholders approved a merger with Paramount Skydance, which owns CBS News. The vote marks a strategic move in the media and entertainment industry.