Paramount Global, Owner of CBS News, to Merge with Skydance Media

Paramount Global, owner of CBS News, to merge with Skydance Media

Paramount Global, the owner of CBS News, has made a multibillion-dollar deal to merge with the film production company Skydance Media. To make that possible, Skydance is buying another company, National Amusements, controlled by Shari Redstone, which owns the largest share of Paramount Global.

Project Rise Talks Skydance/Paramount With Simington; Carr Says Review Continues

Any FCC approval of Skydance Media's proposed purchase of Paramount Global should include conditions safeguarding Paramount's entertainment industry employment, Project Rise Partners (PRP) co-Chair Daphna Ziman told FCC Commissioner Nathan Simington, according to a filing posted Thursday (docket 24-275). PRP...