Paramount Skydance is set to appoint Bari Weiss as the editor in chief of CBS News, according to sources.
Bari Weiss Expected to Lead CBS News Amid Major Changes Paramount Skydance is gearing up to appoint Bari Weiss as the editor of CBS News in the coming days. This move comes as part of an initiative to revitalize a network that’s been facing challenges, especially in acquiring her controversial news outlet, The Free Press. […]
Paramount Skydance has not yet made a buyout offer for Warner Bros. Discovery — and this is the reason.
Paramount Skydance has not yet officially approached Warner Bros. Discovery regarding a widely speculated acquisition bid. CEO David Zaslav appears apprehensive about the prospect of external bidders, particularly as potential contenders gather insights about the company. Roughly two weeks have passed since the news broke when Paramount Skydance CEO David Ellison, backed by his father […]
Paramount Skydance considers a takeover offer for Warner Bros. Discovery, according to a report.
Paramount Skydance Makes Bid for Warner Bros. Discovery Paramount Skydance is reportedly planning a significant bid for Warner Bros. Discovery, potentially valuing the troubled media company at up to $24 per share. This information comes from a CNBC report. The proposed deal is anticipated to consist of 70% to 80% cash, with support from Larry […]
Kristi Noem Interview Edited Misleadingly After Assurance to Address Bias in Skydance Merger
Homeland Security Director’s Controversial CBS Appearance Homeland Security Director Christo Noem recently made an appearance on CBS News, which many are criticizing as biased, particularly in relation to its Sunday morning program, Face the Nation. When Skydance acquired Paramount Global, which includes CBS News, there were promises of significant changes ahead, especially within CBS News […]
Democrats are against the $8 billion merger between Skydance and Paramount due to connections to Trump.
Democrats Express Concerns Over $8 Billion Merger Top Democrats are expressing unease regarding the recent $8 billion merger between Skydance Media and Paramount Global. They allege potential political interference, questionable financial transactions, and threats to press freedom. The Federal Communications Commission (FCC) gave the green light to this significant merger earlier this month, establishing a […]
Midday stock movements: Coty, Paramount Skydance, Walmart, and others
Midday Trading Highlights Here’s a quick look at some companies making news during midday trading: Coty Shares of this beauty retailer dropped over 20% after its latest quarterly results. Although it reported revenues of $1.25 billion—surpassing the $12 billion forecast by analysts—the earnings fell short by more than 2 cents per share. The company expects […]
House Democrats begin investigation into Paramount and Skydance merger
Two prominent Democrats in the House are starting to look into the circumstances surrounding Paramount’s $7 billion merger with Skydance, as well as the Trump administration’s approval of the deal. Frank Pallone Jr. (D-N.J.), ranking member of the Energy and Commerce Committee, and Rep. Jamie Raskin (D-MD.), ranking member of the Judiciary Committee, sent a […]
Midday stock movements: Miami International, Paramount Skydance, Advance Auto Parts, and others
Market Overview Miami International Holdings, which is the parent company of the Miami-based exchange operator MIAX, saw its stock surge over 43% in its debut on the New York Stock Exchange. They priced their initial public offering at $23 per share, and it was last traded for more than $31. In contrast, media companies like […]
Skydance and Paramount Combination Finalizes
Skydance Media and Paramount Global have successfully merged, forming a new media conglomerate and putting an end to ongoing confusion surrounding a contract that included corruption allegations against the Trump administration. Skydance Corporation’s new entity, Paramount, officially began trading on Nasdaq under the ticker symbol PSKY on the day the merger was finalized. “This is […]
Skydance CEO David Ellison leads a ‘new Paramount’ following the merger story.
Skydance Media Takes Over Paramount Global On Thursday, Skydance Media officially took control of Paramount Global, wrapping up a lengthy and tumultuous merger process valued at $8 billion, which had been threatened by political scrutiny and shareholder worries. A new entity, Skydance Paramount Corp, merges Skydance’s production and technical prowess with Paramount’s established brands that […]