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Paramount, Skydance Media

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

“This will be the most dramatic change to the organization since its inception,” said one longtime CBS insider who was not authorized to comment publicly.

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FCC approves Paramount-Skydance merger

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Paramount and Skydance Expect Deal to Close Aug. 7

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FCC green-lights Skydance/Paramount deal after CBS concessions

An $8 billion merger between Skydance Media and Paramount Global received regulatory approval Thursday from the Federal Communications Commission in a deal that has raised alarm about free speech and...

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Paramount Global says Skydance merger should close in two weeks

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Trump administration approves sale of CBS parent company Paramount after concessions

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Trump, FCC Want to Reshape the Media Landscape Starting With CBS

"The media industry across this country needs a course correction."

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The FCC's Paramount/Skydance Decision Aims To Reshape Broadcast Journalism by Bureaucratic Fiat

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The FCC approves Paramount’s $8B deal with Skydance after months of chaos and political intrigue

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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 and Skydance Media, claiming “significant changes,” are coming to the CBS owner.

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Paramount Global Co-CEO Chris McCarthy, Head of MTV Entertainment, to Exit After FCC Skydance Deal Approval

With the FCC having cleared the Skydance Media-Paramount merger and the deal set to close in a matter of weeks, Paramount Global co-CEO Chris McCarthy will leave the media conglomerate, a company source confirmed to Variety.

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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.

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Paramount Shares Advance On Skydance Merger But Wall Street Cautious — Now “The Real Work Begins”

Shares of Paramount are set to open higher after the FCC approval its merger but amid ongoing uncertainty about its strategic plans under Skydance Media.

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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Read FCC Commissioner Anna M. Gomez’s Scathing Dissent After Skydance-Paramount Approval: ‘Direct Violation of the First Amendment’

FCC Commissioner Anna Gomez has issued a scathing statement of dissent following the approval of the Paramount and Skydance Media deal on Thursday, noting the merger marks a “direct violation of the first amendment.”