Paramount-Skydance merger key step in ongoing transformation of media industry
CNBC's Julia Boorstin joins 'Money Movers' to discuss what the Paramount-Skydance merger means for media and the landscape of M&A.
FCC OKs $8B Paramount—Skydance Deal, Says It Ensures ‘Diversity of Viewpoints' at CBS
The Federal Communications Commission has approved the $8 billion merger of Paramount Global (PARA) and Skydance Media, claiming “significant changes,” are coming to the CBS owner.
Paramount Shares Advance On Skydance Merger But Wall Street Cautious — Now “The Real Work Begins”
Shares of Paramount are set to open higher Friday after long-awaited FCC approval for its merger erased a big question mark hovering over the company's future, but amid ongoing uncertainty about its strategic plans under Skydance Media. The stock is up about 1% ahead of the open at $13.40.
Paramount Merger Is Nearly Done. But Skydance Faces These Challenges.
Shares in the entertainment company tick up after the Federal Communications Commission approves a deal with Skydance.
Regulators clear $8.4bn Paramount-Skydance merger
US regulators have approved the $8.4 billion merger between Paramount Global (NASDAQ:PARA) and Skydance Media, bringing CBS, Paramount Pictures, and Nickelodeon under the control of David Ellison. The deal, which was cleared by the Federal Communications Commission in a divided vote, follows Paramount's $16 million settlement of a lawsuit filed by Donald Trump against the company and CBS News.
FCC shows that its holdup of the Paramount-Skydance merger was political all along
In a statement, FCC Chair Brendan Carr says the deal was allowed to go through only after the new owners agreed to make ideological changes to its news programming and end DEI policies
FCC greenlights $8.4B sale of CBS parent Paramount to Skydance after Trump suit settled, DEI axed
The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media
FCC Approves Skydance Merger With Paramount
The signoff on the deal, which could close next month, follows Paramount's settlement of a Trump lawsuit.
FCC Approves Skydance Merger With Paramount
The signoff on the deal, which could close next month, follows Paramount's settlement of a Trump lawsuit.
Skydance-Paramount Merger Clears FCC At Last, With Deal Set To Close And Changes Coming
The FCC on Thursday finally signed off on the marriage of Skydance Media and Paramount Global. The $8 billion deal has faced myriad challenges on its way to the finish line but will be made official in the coming days by the companies. No shareholder vote or other approvals are required.
Paramount: Arbitrageurs Pressured As Share Supply Tightens
Paramount's merger with Skydance offers an attractive arbitrage opportunity, with a buyout price of $15 versus the current $13 share price. Regulatory delays, particularly FCC approval and political demands, are extending the deal timeline and adding uncertainty to the merger's completion. Rising short interest and declining stock availability are creating unusual technical dynamics, potentially increasing borrow costs and volatility for arbitrageurs.
‘South Park' deal signals at least one bit of Paramount sale chaos is resolved
Paramount Global PARA has reached a five-year, $1.5 billion global streaming deal with the creators of the long-running animated hit “South Park,” according to the Los Angeles Times.
