Door open for rival bid to disrupt $8B Paramount-Skydance merger after judge’s ruling
A Delaware judge determined that a $8 billion merger with Paramount Global's Skydance Media could move forward, but left the door open for rival bids at the last minute, where insiders could derail the deal. Cataline McCormick, the Supreme Court of Delaware Premier Court, rejected the New York City pension fund request and thwarted a […]
FCC probe into Paramount-Skydance merger could drag on for months: sources
The Federal Communications Commission cannot approve what money has learned, perhaps until later this year, the $8 billion merger between Independent Studios Skydance and Shari Redstone's Paramount Global. The committee presented a longer than expected schedule during a meeting with American Rights Center staff last week. This is a conservative group that has filed complaints […]
Paramount-Skydance deal likely to remain in regulatory purgatory
For those running Skydance Media, “quick and clean” regulatory approval for the Paramount Global acquisition has given way to “long and slow” approval — and that's just a matter of luck. , On the Money has learned. The long-awaited merger will eventually be completed, but will likely remain in regulatory custody for some time, government […]
Shari Redstone hopes relationship with Trump will seal Paramount-Skydance deal: report
Paramount Global boss Shari Redstone is banking on her friendship with President-elect Donald Trump to help the media giant avoid FCC issues with its merger with Skydance, according to reports. It is reported that the government is providing support so that they can obtain and withdraw from the country. Redstone, the daughter of the late […]
Brendan Carr says ’60 Minutes’ editing scandal could affect Paramount-Skydance merger
According to President-elect Donald Trump's nominee to chair the Federal Communications Commission, CBS' refusal to release the full transcript of the “60 Minutes'' interview with Vice President Kamala Harris is due to a dispute between Paramount Global and Skydance. The deal may be factored into the government's consideration of the merger proposal. The FCC gives […]
How famed money manager Mario Gabelli is trying to set things right with the Paramount-Skydance merger
Paramount has been largely out of the news lately, with nothing going on behind the scenes amid a messy attempt to sell itself for years before settling on a merger with Skydance Media. isn't it. As is already known, Paramount owner Shari Redstone is in talks with an independent studio headed by David Ellison, producer […]
Paramount-Skydance merger: what strategies execs plan to use for streaming
See what’s clicking on FoxBusiness.com After Paramount and Skydance announced they had reached a merger agreement over the weekend, executives from Skydance Media and RedBird Capital Partners revealed how they plan to approach Paramount Global’s streaming business. Executives said Monday that their approach to the direct-to-consumer business will include strategies such as improving technology and […]