Skydance is said to be in initial discussions to acquire Bari Weiss’ The Free Press.
Skydance CEO David Ellison is rumored to be in talks with Bari Weiss regarding a potential acquisition of the online news platform Free Press. This conversation is still in its early stages, as a source close to the matter revealed on Friday. Ellison and Weiss, who co-founded Free Press in 2021 after their departures from […]
Skydance leader David Ellison informs Hollywood friends that the Paramount merger will finalize by the end of summer, according to sources.
Skydance’s David Ellison Displays Optimism Amid Paramount Acquisition Challenges David Ellison, the head of Skydance Media, is showing an unexpectedly upbeat attitude as he pursues the acquisition of Shari Redstone’s Paramount, according to sources. His confidence in the film industry seems a bit out of place, especially when considering the significant hurdles the $8 billion […]
Paramount and Skydance need to eliminate DEI to meet the FCC’s ‘public interest’ requirements, according to sources.
The Federal Communications Commission (FCC) has been reviewing mergers and acquisitions in media for many years, focusing on whether these deals serve the “public interest.” Skydance’s purchase of Paramount and its CBS News arm for $8 billion might meet the FCC’s public interest criteria, but only under certain vague guidelines regarding broadcast fairness. The situation […]
FCC Pressures Paramount to Cut DEI Programs to Complete Skydance Merger
The Federal Communications Commission is putting pressure on Paramount to take more steps to put an end to its diversity, equity and inclusion (DEI) policies before it gets approved for a massive merger with SkyDance Media. The FCC is requesting Paramount to refrain from refraining from further DEI policies as a condition for approval of […]
Skydance rips rival Paramount bidder in court over alleged ‘fraud’
Skydance has called on rival Paramount bidders who allegedly tried to derail Hollywood Studios' media giant, claiming that the $8.8 billion competitive offer revealed evidence of “fraud” and “misrepresentation.” According to a letter from the Rival Dance legal team, Rival Investor Consortium Project Rise Partners allegedly “falsely misrepresented” to the Delaware Chancery Court. Skydance's lawyers […]
Ex-CNN boss Jeff Zucker won’t join Paramount after Skydance merger: sources
Former CNN boss Jeff Zucker will not be playing a role at Paramount Global if Media Giant's $8 billion merger with SkyDance is shut down. This includes the possibility of taking the helm of the CBS network. The dishonorable media executive was forced to work at CNN in 2022 after a romantic relationship with Underling […]
Skydance open to hire ‘bias’ monitor to get FCC approval for Paramount merger: sources
Skydance executives acknowledge what money has learned to get approval for a merger with Shari Redstone's Fading Media Empire Paramount Global to ease bias and, above all, concerns from the Trump administration. The Ombudsman concept – essentially a layer of control that ensures news content remains free of political bias – may appease Federal Communications […]
Skydance exec Jeff Shell pressed CBS News to release ’60 Minutes’ Kamala Harris transcript ahead of Paramount merger: report
Skydance's media executive Jeff Shell has pressured CBS News Brass to release a “60 Minutes” transcript ahead of the company's merger with network parent Paramount Global. Shell, who will grab the reins as president of the merged company, pushed CBS News chief Wendy McMahon and “60 Minutes” boss Bill Owens to release a transcript of […]
Judge opens door to possible bidding war for Paramount as it scrambles to close $8B Skydance merger
A Delaware judge on Monday opened the door to the possibility of a new bidding war for Paramount Global, which could block the media giant's $8 billion deal to fuse with Hollywood film studio Skydance Media. Earlier last month, the New York City Public Pension Fund was sued to block the SkyDance merger agreement. Due […]
Paramount, Skydance hit back at critics of their pending merger
Paramount Global and Skydance Media said in a regulatory filing Thursday that the companies have not shown that they would be adversely affected by the merger, but rather that the request threatens free speech and that the pending He fired back at those who criticized the merger. Since the $8 billion deal was announced in […]