Skydance, Paramount
Digest more
2don MSN
Shares of Paramount Global surrendered early gains Friday, closing down 1.6% at $13.05. They initially got a bit of a pop from the FCC’s long awaited approval of the merger wtih Skydance Media. But investors remain cautious as the combined entity’s basic strategy on key fronts from cable to streaming
MoffettNathanson says it will be awaiting clarity on the future of Paramount+ and the linear network portfolio
Proving that Hollywood really is in the business of happy endings—provided you’re loose enough with your definitions of “happiness,” and apply them pretty much exclusively to corporate entities willing to perform moral gymnastics that would put your average Olympian to shame—Paramount has successfully received FCC approval for its plans to sell itself to media company Skydance Media.
Paramount and Donald Trump have officially settled their long-running dispute over a 60 Minutes segment. The studio will pay the current U.S. president $16 million, a move that may pave the way for David Ellison’s long-awaited Skydance merger.Kim Masters and Matt Belloni unpack what’s next for Paramount and how an Ellison takeover could reshape the company.