Paramount Skydance
American multinational mass media and entertainment conglomerate
Warner Bros. Discovery Shareholders Approve $111 Billion Paramount Deal
Warner Bros. Discovery shareholders have approved a $111 billion merger with Paramount, advancing the deal towards closure. The approval marks a significant step amid ongoing regulatory reviews that could alter the media landscape.
Paramount CEO David Ellison to Host Dinner Honoring Trump Amid CNN Acquisition Review
David Ellison, CEO of Paramount Skydance, is hosting a private dinner in Washington D.C. to honor Donald Trump, as the federal government reviews Paramount's $111 billion bid to buy CNN. This event occurs amid ongoing approval processes for the major media merger.
Reed Hastings to resign as Netflix chair and board member in June
Reed Hastings announced he will resign as Netflix's chairman and from the board in June, marking a significant leadership change. This decision coincides with Netflix's recent financial setbacks, prompting industry analysts to watch the company's next moves closely.
Hollywood signs over 2,000 industry figures opposing Paramount-Warner Bros. merger
More than 2,000 Hollywood insiders, including top filmmakers and actors, have signed an open letter opposing the Paramount-Warner Bros. merger. This large-scale industry opposition could influence regulatory decisions and delay or block the deal.
Paramount Skydance Completes $110B Warner Bros. Merger, Reshaping Media Industry
Paramount Skydance has acquired Warner Bros. Discovery in a $110 billion deal, aiming to challenge industry leaders and consolidate media power. The merger's approval is critical for its success and the future of global streaming competition.
CBS News Loses Key Reporter Scott MacFarlane Amid Leadership Changes
Scott MacFarlane, a leading CBS News justice correspondent, has announced his departure amid a series of high-profile resignations at the network. The move signals potential changes in CBS's newsroom leadership and approach to political coverage.
Paramount shares soar 11% as $24 billion Middle East funds confirm support for WBD takeover
Paramount's stock rose 11% after the confirmation of a $24 billion investment from Middle Eastern funds supporting its Warner Bros. Discovery acquisition. This development reinforces the deal's momentum and could impact regulatory proceedings.
CBS News Shuts 100-Year-Old Radio, Cuts 6% of Workforce Amid Restructuring
CBS News is shutting down its nearly century-old CBS Radio network and laying off about 6% of its staff amid a broader restructuring following its acquisition by Larry Ellison. These developments mark a significant change in traditional media operations, impacting the company's historic media presence and workforce.
Warner Bros. Discovery Sets April 23 Shareholder Vote on $111B Paramount Skydance Deal
Warner Bros. Discovery announced a shareholder meeting on April 23, 2026, to decide on its $111 billion merger with Paramount Skydance. The vote is pivotal for advancing the acquisition, signaling a major industry consolidation move.
Paramount Will Fully Integrate BET+ Into Paramount+ After Acquiring Tyler Perry’s Stake
Paramount is set to merge BET+ into Paramount+ following the acquisition of Tyler Perry’s stake. The streaming service will be phased out as content is integrated into Paramount+.
Netflix Sees Growth Potential Without WBD, Says CFO; J.P. Morgan Upgrades Netflix After WBD Deal Collapse
Netflix's CFO indicates the company can grow significantly without acquiring WBD. Meanwhile, J.P. Morgan has upgraded Netflix's stock to overweight, boosting its target price to $120 after the WBD deal fell through.
Daisy Edgar-Jones Cast as Lead in Paramount's 'Tomorrow, and Tomorrow, and Tomorrow' Film
Daisy Edgar-Jones is set to star in Paramount's adaptation of 'Tomorrow, and Tomorrow, and Tomorrow'. The film aims to capture the book's critical acclaim and reach a wider audience.
GOP Attorneys General Criticize Netflix-Warner Bros. Deal Amid Merger Dispute
Republican Attorneys General are opposing Netflix's bid to acquire Warner Bros., claiming it could harm competition. Their criticism highlights ongoing concerns over media consolidation and market control. The dispute adds pressure on federal regulators overseeing the merger process.