News

David Letterman Blasts CBS and Skydance on ‘The Late Show' Cancellation: ‘This Is Pure Cowardice'
David Letterman unloaded on CBS and Skydance on Friday for cancelling “The Late Show,” which he launched 32 years ago, saying ...
Paramount Co-CEOs Thank Staff As Company Prepares "For a New Era" Under Skydance
Chris McCarthy, George Cheeks and Brian Robbins sent the note to staff Friday afternoon: 'It has been an honor to lead the ...
Skydance pledges to Trump’s FCC it’ll eliminate DEI, install ‘ombudsman’ to root out ‘bias’ at CBS News
Skydance needs FCC approval in order to take over Paramount. It’s now promising to root out “bias” at CBS News in order to ...
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, ...
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 ...
Larry Ellison to Hold 35.5% of Family’s Voting Rights in New Paramount, National Amusements After Skydance Merger Closes
The Oracle chairman will not have any "veto rights, or any special or outsized voting rights," per an amendment filed with ...
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 ...
Paramount and Skydance merger approved and Trump visits Powell at Federal Reserve: Morning Rundown
Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.