‘CBS Mornings’ remains in third place as Skydance merger approaches for the network
Gail King’s Role at CBS in Question Amid Ownership Change A veteran of morning television believes that Gail King has “lost much of her leverage,” especially now that “CBS Mornings” is in third place and facing an ownership change. Recently, the FCC approved an $8 billion merger between Paramount Global and Skydance Media, which is […]
Skydance’s David Ellison announces leadership team prior to merger with Paramount
Skydance Media Announces New Leadership Team Ahead of Major Merger On Monday, Skydance Media revealed a new executive leadership team as it prepares for an $8 billion merger this week, coinciding with Paramount Global’s own merger plans. David Ellison, the CEO of Skydance and the son of Oracle co-founder Larry Ellison, will lead a new […]
Senate Democrats request investigation into DOJ agreement regarding Hewlett Packard-Juniper merger
A group of Senate Democrats is pushing for an investigation into the Department of Justice’s (DOJ) handling of a lawsuit aimed at blocking Hewlett Packard Enterprise’s (HPE) $14 billion acquisition of Juniper Networks. Senators Richard Blumenthal (Connecticut), Corey Booker (New Jersey), Elizabeth Warren (Massachusetts), and Amy Klobuchar (Minnesota) have expressed concerns to the DOJ Inspector […]
Amex GBT and CWT merger can move forward after DOJ withdraws antitrust lawsuit
American Express Global Business Travel is set to acquire its rival CWT for $540 million following the US Department of Justice’s decision to remove antitrust obstacles against large travel management firms. The DOJ had contended that merging AMEX GBT and CWT—both of which are among the top three players in the business travel management sector—would […]
Stephen Colbert stands up for Beyoncé against Trump and pokes fun at the Paramount-Skydance merger with jokes about pee
Stephen Colbert made his return to late-night television on Monday, aiming his comments at both his network and former President Donald Trump. During his monologue on the Late Show, Colbert criticized the merger between Paramount, the parent company of CBS where his show airs, and Skydance Media. “We had some big news from the entertainment […]
Colbert pokes fun at the merger of Paramount and Skydance after the cancellation of ‘Late Show’
Colbert Mocks Paramount Skidance Merger Following Show Cancellation Late-night host Stephen Colbert took aim at the merger between Paramount and Skydance on Monday, sharing his thoughts humorously after news broke that his show would not be renewed by the network. “I’m really excited about the new stock ticker names for Paramount Skydance,” Colbert remarked. He […]
Union Pacific and Norfolk aim for the first transcontinental railroad through a significant merger
OMAHA, Nevada (AP) – Union Pacific is preparing to establish the first transcontinental railroad in the U.S. through an $85 billion acquisition of Norfolk Southern. This deal could potentially catalyze the final phase of rail mergers throughout the nation. The merger, announced on Tuesday, aims to integrate Norfolk’s extensive railway system in the Eastern United […]
Synovus merger may help Atlanta but poses questions for the bank’s home community
Synovus and Pinnacle Merger: New Headquarters in Atlanta The recent merger between Synovus Financial Corp., based in Columbus, and Pinnacle Financial Partners, located in Nashville, is making waves in the banking sector. This $8.6 billion deal not only brings together two significant players in the Southeast but also raises questions about the future growth of […]
Ex-CBS anchor worries that the network will lose its autonomy due to a media merger
Concerns Over CBS and Skydance Media Merger Former CBS anchor Connie Chung expressed her apprehensions on CNN about the recent merger between Paramount Global and Skydance Media, suggesting it might signal the decline of traditional journalism as we know it. The FCC approved an $8 billion merger this past Thursday, with the finalization expected by […]
FCC Greenlights $8 Billion Paramount-Skydance Merger
FCC Approves Paramount and Skydance Merger The Federal Communications Commission (FCC) has given the green light for a $8 billion merger between Paramount Global Media and Skydance Media. The approval comes over a year after the companies initially agreed to merge. On Thursday, the FCC officially endorsed the transfer of licenses for 28 CBS-owned local […]