Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.

LOS ANGELES — After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8 billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.

Federal Communications Commission Chairman Brendan Carr defended the agency’s review approving Skydance Media’s acquisition of Paramount Global as routine and in the public interest in a letter made public on Tuesday. Carr, in the letter dated August ...

Warner Bros. Discovery's cable networks like CNN and TBS are not worth as much as the company's deal with Netflix implies, Paramount claims.

The $16 million settlement, announced late on Tuesday, came after months of wrangling and protest within CBS News. The lawsuit was seen by many legal observers as meritless, but Paramount Global needs Trump administration approval for its merger with ...

MTV's descent from youth culture powerhouse to obsolescence represents one of entertainment's most dramatic collapses. The network that revolutionized music television with its August 1, 1981 debut—launching The Buggles' "Video Killed the Radio Star"—will see five of its dedicated music channels permanently shut down by December 31,

FCC approved the Paramount Global-Skydance Media merger in July 2025, shortly after Paramount settled a defamation lawsuit with Donald Trump for $16 million.

CBS' Scott Pelley discusses the transition of "60 Minutes" after Paramount Global merged with Skydance Media.