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FCC clears Paramount, Skydance merger

Reuters on MSN · 1d

Paramount Global says Skydance merger should close in two weeks

Paramount Global said on Friday it expects to complete its merger with Skydance Media by August 7, following government approval for the $8.4 billion deal. After the deal closes, the company will be renamed Paramount Skydance Corp and its Class B shares will trade under the ticker symbol PSKY.

CBS News on MSN · 1d

FCC approves Paramount-Skydance merger

The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has approved the deal. The decision removes a final hurdle for the media and entertainment companies to close their transaction. Paramount is the parent company of CBS.

Variety on MSN · 2d

FCC Approves Paramount-Skydance Deal After Skydance’s CBS Ombudsman, Anti-DEI Pledges

The FCC approved the transfer of CBS licenses to Skydance's ownership group, paving the way to the merger of Skydance and Paramount.

19hon MSN

Transformers, Ninja Turtles, Taylor Sheridan and More: All the IP David Ellison's Skydance Gets in Paramount Acquisition

Now that David Ellison's Skydance has secured the keys to Paramount Global, what toys await him inside the company's ...

1don MSN

Paramount Co-CEO Chris McCarthy Set to Exit After Skydance Merger

McCarthy became co-CEO of Paramount, alongside George Cheeks and Brian Robbins, in April 2024. The trio took on the role ...

1don MSN

Paramount Shares Reverse Gains After Skydance Merger Greenlight, Investors Cautious – Update

Shares of Paramount are set to open higher after the FCC approval its merger but amid ongoing uncertainty about its strategic ...

1don MSN

For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed

Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, ...

1don MSN

Paramount Co-CEOs Thank Staff As Company Prepares “For a New Era” Under Skydance

Chris McCarthy, George Cheeks and Brian Robbins sent the note to staff Friday afternoon: 'It has been an honor to lead the ...

2don MSN

Paramount and Skydance merger approved and Trump visits Powell at Federal Reserve: Morning Rundown

Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.

1d

Larry Ellison to Hold 35.5% of Family’s Voting Rights in New Paramount, National Amusements After Skydance Merger Closes

The Oracle chairman will not have any "veto rights, or any special or outsized voting rights," per an amendment filed with ...

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