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Tag: Skydance Media

Paramount-Skydance Merger Cleared by FCC Amidst Trump Influence Allegations, Set for August 7 Close

Paramount-Skydance Merger Cleared by FCC Amidst Trump Influence Allegations, Set for August 7 Close

Paramount-Skydance Merger Cleared by FCC Amidst Trump Influence Allegations, Set for August 7 Close The highly scrutinized $8 billion merger between Paramount Global and Skydance Media has received final approval from the Federal Communications Commission (FCC) and is now slated to close on August 7. This landmark deal, which will end the Redstone family’s long reign over Paramount, has drawn significant attention due to its political undertones and perceived concessions to the Trump administration. The FCC’s green light follows a…

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Paramount-Skydance Merger Confirmed for August 7 Closing, New PSKY Ticker Announced

Paramount-Skydance Merger Confirmed for August 7 Closing, New PSKY Ticker Announced

Paramount-Skydance Merger Confirmed for August 7 Closing, New PSKY Ticker Announced Paramount Global and Skydance Media have officially confirmed that their highly anticipated merger is set to close on August 7, 2025. This pivotal announcement comes after the successful receipt of final regulatory approval, bringing to an end the extensive acquisition process for the entertainment conglomerate. In an internal memo shared with employees, Paramount’s co-CEOs – George Cheeks, Chris McCarthy, and Brian Robbins – conveyed their appreciation for the staff’s…

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Paramount’s $16M Trump Settlement Ignites Fury Over Press Freedom, Regulatory Influence

Paramount’s $16M Trump Settlement Ignites Fury Over Press Freedom, Regulatory Influence

Paramount’s $16M Trump Settlement Ignites Fury Over Press Freedom, Regulatory Influence Paramount Global has sparked widespread outrage following its late Tuesday agreement to pay $16 million to settle President Trump’s $20-billion lawsuit over “60 Minutes” edits. Critics are decrying the move as a “spineless capitulation” that severely undermines U.S. press freedoms and sets a dangerous precedent. The landmark settlement directs the $16 million to cover Trump’s legal fees and help fund his future presidential library, rather than going directly to…

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