The leadership team at Skydance’s Paramount have no interest in playing the original streaming movies game, and doubled down on the importance of robust theatrical releases. New Paramount CEO David Ellison gathered with top lieutenants at a press gaggle in Los Angeles on Wednesday, where the just-acquired company’s president Jeff Shell fielded questions about theatrical windows (the amount of time …
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RedBird Capital’s $2 billion power play: Meet Gerry Cardinale, the private equity kingmaker behind the Paramount–Skydance deal
On Thursday, the closing of the $8.4 billion merger of Paramount Global and Skydance Media ushered in a new era for the iconic entertainment company, and a new Hollywood mogul: David Ellison, CEO of Paramount, a Skydance Corporation. Ellison, a film producer and the founder of Skysance, is rapidly becoming a household name amid intense media coverage of the biggest …
Read More »Brian Robbins Calls Paramount-Skydance Merger ‘Bittersweet’
Brian Robbins, former co-CEO of Paramount Global and president and CEO of Paramount Pictures and Nickelodeon, is reflecting on his time at the company amid his exit following the Skydance merger. “This moment of transition is, of course, bittersweet,” he said in a Wednesday afternoon memo to staff obtained by Variety. “But I step away with deep pride in what we’ve built together, and …
Read More »FCC approves $8 billion Paramount-Skydance merger after lengthy review – The Washington Post
FCC approves $8 billion Paramount-Skydance merger after lengthy review The Washington Post FCC Approves Skydance’s Merger With Paramount The New York Times Trump administration greenlights Paramount’s $8 billion merger with entertainment group Skydance NBC News FCC chair pleased with Skydance vow to make changes at CBS Reuters $8 billion acquisition of Paramount by Skydance Media approved by the FCC ABC News Source link
Read More »FCC approves $8 billion Paramount-Skydance merger
The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount Pictures and the Nickelodeon channel. …
Read More »FCC Approves Paramount-Skydance Deal
The FCC has granted approvals necessary to clear the way for the $8 billion merger of Paramount Global and David Ellison’s Skydance Media. The agency OK’d the transfer of licenses for 28 CBS-owned local TV stations to the Skydance-led ownership group that is taking over Paramount Global — removing the merger’s final regulatory hurdle. The FCC approval comes more than …
Read More »Jon Stewart’s Unsure of Daily Show Future Amid Paramount-Skydance Deal
Jon Stewart is uncertain about The Daily Show‘s future if the Skydance–Paramount merger goes through. The host of the Comedy Central program (which is owned by Paramount Global) was recently asked by a listener on his The Weekly Show With Jon Stewart podcast, “Do you think Skydance would get rid of The Daily Show after the merger goes through?” Stewart’s response came shortly before …
Read More »What Will FCC Require or Paramount-Skydance Deal to Close
On Monday July 7, representatives for the International Brotherhood of Teamsters and its Hollywood Local 399 and the conservative public interest group the Center for American Rights met with staff of the Federal Communications Commission to discuss a deal important to both of them: The Skydance-Paramount merger. The FCC has to approve the transfer of Paramount’s broadcast licenses to Skydance, …
Read More »Why FCC chair will continue to throttle Paramount-Skydance merger – despite Trump settlement
With the Trump-CBS lawsuit out of the way, the $8 billion merger between the network’s parent, Paramount, and independent studio Skydance Media would seem to be a fait accompli. As if anything involving Donald Trump is that easy, On The Money has learned. True, the lawsuit filed by the then-president-elect in December alleging that CBS deceptively edited an interview with …
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