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Paramount, Skydance

Paramount had said it expected to close the $8.4 billion merger in the first half of 2025. But the first half of the year came and went, and the merger remained under review by the FCC and its chair Brendan Carr, who had been appointed to the role earlier this year by President Trump.

· 14h · on MSN

The $8-billion Skydance-Paramount Global deal is finally closing. Now what?

· 14h

Paramount Co-CEOs Confirm Skydance Deal Closing Date, Laud Employee Efforts During Process

· 17h

Federal regulators approve Paramount’s $8 billion deal with Skydance, AP Explains

Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.

· 18h

Paramount Skydance Merger Wins FCC’s Approval

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US clears way for $8 billion Paramount-Skydance merger

· 15h

Paramount Gets Green Light for $8 Billion Merger. but What Is the Psychic Cost for Company?

Following the Federal Communications Commission approval Thursday, one of the triumvirate of current Paramount leaders, Chris McCarthy, said that he would be leaving the company.

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US regulators approve Skydance acquisition of Paramount

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FCC Chair Pleased With Skydance Vow to Make Changes at CBS

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For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed

Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.

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Paramount Co-CEO Chris McCarthy Set to Exit After Skydance Merger

McCarthy became co-CEO of Paramount, alongside George Cheeks and Brian Robbins, in April 2024. The trio took on the role after the ouster of Bob Bakish as the company was in its first round of negotiations with Skydance. McCarthy is also president of Showtime/MTV Entertainment and oversees the company’s streaming platforms Paramount+ and Pluto TV.

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Paramount and Skydance merger approved and Trump visits Powell at Federal Reserve: Morning Rundown

Federal government regulators approve an $8 billion merger between Paramount and Skydance. Jerome Powell pushes back during Donald Trump’s visit to the Federal Reserve’s headquarters. And the woman behind the viral “Jet2 holiday” soundbite is surprised at its popularity.