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Paramount Skydance Merger

All articles tagged with #paramount skydance merger

Cusack Backs Ruffalo in Antisemitism Controversy Over Paramount Merger
entertainment10 days ago

Cusack Backs Ruffalo in Antisemitism Controversy Over Paramount Merger

John Cusack publicly supports Mark Ruffalo after Ruffalo denied antisemitism accusations from Paramount in response to his critique of Paramount Skydance’s merger with Warner Bros. Discovery and Oracle ties. Paramount claimed Ruffalo used antisemitic tropes, while Ruffalo insisted his criticisms targeted corporate actions, not Jewish people; fellow Hollywood figures like Paul Walter Hauser also voiced support. The dispute centers on the potential impact of the merger on editorial freedom and corporate influence.

politics23 days ago

Raskin escalates Paramount merger scrutiny, invites CEO to testify under oath

House Judiciary Democrat Jamie Raskin is intensifying scrutiny of Paramount Skydance’s bid to acquire Warner Bros. Discovery, inviting Paramount CEO David Ellison to a transcribed interview and signaling potential subpoena power if Democrats win the House; the move frames concerns about antitrust, national security, and press freedom, while Paramount says it has been transparent. The update also notes Republican reactions and related items, including the NRSC’s backing of Darline Graham in South Carolina and questions over Miller-aligned campaign contributions.

EU approves Paramount Skydance merger, US path still blocked
business1 month ago

EU approves Paramount Skydance merger, US path still blocked

The European Commission cleared Paramount Skydance's $110 billion takeover of Warner Bros Discovery after Paramount agreed to end its European film distribution deal with Universal, wind it down within 13 months, and refrain from similar ventures for 10 years. In the US, the merger remains blocked by a coalition of 12 states and a court pause, despite DOJ support, keeping the deal mired in regulatory and legal uncertainty across the Atlantic.

Paramount Investor Alleges Ellison Trump-Backed Side Deal to Approve WBD Merger
business1 month ago

Paramount Investor Alleges Ellison Trump-Backed Side Deal to Approve WBD Merger

Paramount Global shareholder Paul Robbins filed a derivative suit in Delaware Chancery Court accusing David and Larry Ellison of orchestrating an 'illegal' side deal with Donald Trump to win federal approval for Paramount Skydance’s $111 billion takeover of Warner Bros. Discovery, including alleged plans to funnel cash to Trump and to dismiss CNN anchors he dislikes. The suit seeks to block the merger and damages, arguing the arrangement risks Paramount and its investors and invites future regulatory scrutiny; Trump is not named as a defendant.

States Ready Antitrust Challenge to Paramount-WBD Merger
business1 month ago

States Ready Antitrust Challenge to Paramount-WBD Merger

California, New York, Connecticut and Washington AGs plan to file a temporary injunction to block Paramount Skydance’s $110 billion merger with Warner Bros. Discovery, arguing the combined company would dominate markets and reduce competition in film production, distribution and streaming. The move follows DOJ clearance but aims to curb alleged market consolidation, with potential concessions or delays possible if the suit proceeds; Paramount defends the deal as pro-competitive and regulators worldwide have largely cleared it, though debt, penalties and closing timelines add to the deal’s regulatory sensitivity.

Hundreds Warn Paramount-Skydance Merger Could Politicize CNN
politics3 months ago

Hundreds Warn Paramount-Skydance Merger Could Politicize CNN

More than 200 journalists, academics and filmmakers signed a letter warning that Paramount Skydance’s merger with Warner Bros. Discovery could lead to improper political meddling at CNN, citing alleged changes at CBS to appease Trump and concerns about editorial influence; signatories include Jim Acosta, Judy Muller and Laura Poitras, with regulators still reviewing the deal and Ellison claiming independence will be maintained.

Colbert Launches New YouTube Channel Days After The Late Show Ends
entertainment3 months ago

Colbert Launches New YouTube Channel Days After The Late Show Ends

Stephen Colbert quietly started a new YouTube channel within a week of ending The Late Show, debuting with a Monroe Community Media appearance that has drawn tens of thousands of subscribers; the move unfolds amid controversy over Paramount’s merger with Skydance, including backlash over copyright actions and political commentary about the deal.

WBD approves Paramount Skydance merger, reshaping Hollywood’s landscape
business4 months ago

WBD approves Paramount Skydance merger, reshaping Hollywood’s landscape

Warner Bros. Discovery shareholders approved the $110 billion Paramount Skydance merger, valuing WBD at about $77 billion and uniting assets like Warner Bros., HBO Max, CNN, TBS and TNT under one umbrella. The deal still requires DOJ antitrust clearance and faces legal and political pushback, including an industry letter opposing consolidation. Paramount’s David Ellison pledged to maintain theatrical windows and release around 30 films per year across the studios, while Netflix earns a $2.8 billion termination fee after backing out.

Letterman calls CBS News a wreck under new leadership amid merger shakeup
media7 months ago

Letterman calls CBS News a wreck under new leadership amid merger shakeup

Former late-night host David Letterman blasts CBS News as a "wreck" under newly installed leadership, lambasting the newsroom amid Paramount’s merger with Skydance and a wave of upheavals — from Bari Weiss’s chaotic editorship to anchor reshuffles and a shelving decision — arguing the network’s historic integrity has been trampled even as industry tensions and politics swirl around it.

entertainment1 year ago

Late-Night TV Faces Uncertainty Amid Show Cancellations and Industry Changes

Jon Stewart expressed uncertainty about the future of The Daily Show amid the ongoing merger between Skydance Media and Paramount Global, which could impact the show's ownership and continuation. The merger is still pending regulatory approval, and Stewart highlighted the show's significance to Comedy Central, while also noting the broader industry uncertainties following CBS's cancellation of The Late Show with Stephen Colbert.