David Letterman blasts ‘gutless’ CBS for cancellation of Stephen Colbert and The Late Show Colbert’s ‘Late Show’ predecessor surmised cancellation was both a financial and political move The Independent UK · Jul 26, 2025
Federal regulators approve Paramount's $8 billion deal with Skydance, capping months of turmoil 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 The Independent UK · Jul 24, 2025
Trump’s FCC chair plays coy on Fox News when asked if president involved in Colbert’s cancellation ‘Look at what is happening. NPR has been defunded, PBS has been defunded, Colbert is getting canceled,’ Brendan Carr declared when asked if Trump played a role in The Late Show coming to an end. The Independent UK · Jul 24, 2025
White House hits back at South Park after season premiere jabbed Trump Long-running satire has returned after two-year hiatus with scenes depicting US president suing the fictional residents of South Park The Independent UK · Jul 24, 2025
Incoming CBS owner promises Trump’s FCC it will review ‘complaints of bias’ at news network and eliminate DEI policies ‘New Paramount's new management will ensure that the company's array of news and entertainment programming embodies a diversity of viewpoints across the political and ideological spectrum,’ Skydance’s general counsel wrote to FCC The Independent UK · Jul 23, 2025
Trump’s FCC chairman gloats over Colbert’s cancellation days after meeting soon-to-be CBS owner ‘The partisan left’s ritualist wailing and gnashing of teeth over Colbert is quite revealing,” Brendan Carr tweeted Tuesday, adding that critics of the cancellation are ‘acting like they’re losing a loyal DNC spokesperson.’ The Independent UK · Jul 22, 2025
Cancelling Colbert, bribery, an $8bn deal: what’s going on at Paramount? The fallout from the Trump payoff comes as a merger threatens the company’s integrity and A-list talent, such as Stephen Colbert, have already been sacrificed The Guardian - US · Jul 19, 2025
CBS cancels Colbert’s Late Show amid pending Paramount-Skydance merger Despite financial pressures on the late-night TV model, experts say the timing suggests political motives. Al Jazeera · Jul 18, 2025
CBS staff in turmoil over ‘Trump shakedown’ after Stephen Colbert and The Late Show are canceled Exclusive: Multiple CBS staffers who spoke with The Independent said they aren’t buying the company’s claim that Colbert’s cancellation was a ‘financial decision,’ adding that the demise of the show has left ‘everyone stunned.’ The Independent UK · Jul 18, 2025
The Paramount comics, Colbert and Stewart, are sharp critics of the '60 Minutes' deal Stephen Colbert returned from vacation loaded for bear The Independent UK · Jul 15, 2025
Trump claims he struck side deal with Skydance for additional $16 million in ‘60 Minutes’ settlement ‘We did a deal for about $16 million plus $16 million, or maybe more than that, in advertising... It's like $32 to maybe $35 million,’ the president said over the weekend. The Independent UK · Jul 7, 2025
At Paramount—as moguls, executives, and 3 CEOs struggled for control—some employees describe a brutal year Paramount Global laid off more employees in 2024 than any of its rivals. A larger reckoning is still playing out. Fortune · Dec 31, 2024
Billionaire Larry Ellison's Role In Landing Top Recruit Bryce Underwood At Michigan Billionaire Larry Ellison is linked to helping fund the NIL deal that led to Bryce Underwood flipping his recruitment from LSU to the University of Michigan. Benzinga · Nov 26, 2024
Shari Redstone To Leave Paramount Board Post Skydance Merger: Report Both Redstone and her son, Tyler Korff, have the option to join the board of the new company but have no plans to do so, according to a report. International Business Times · Nov 5, 2024
International Business Times · Sep 6, 2024 Paramount Chair Shari Redstone To Receive $180M In Severance, Benefits: Report Paramount chair Shari Redstone is set to receive $180 million in severance pay following Skydance's acquisition of the movie company.
Multichannel News · Aug 27, 2024 Edgar Bronfman Jr.’s Bid for Paramount Fades to Black Withdrawal appears to clear way for Skydance to close acquisition of struggling media company
International Business Times · Aug 23, 2024 Skydance Accuses Paramount Of Breaching Buyout Deal Terms, Seeks Halt To Bronfman Negotiations: Report David Ellison's Skydance is reportedly demanding that Paramount stop its negotiations with Edgar Bronfman Jr. after the latter improved his bid to acquire the entertainment titan.
The Independent UK · Aug 22, 2024 Paramount extending 'go shop' period by 15 days so it can review Bronfman offer Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the “go shop” period for Bronfman will be extended until…
International Business Times · Aug 20, 2024 Edgar Bronfman Submits $4.3 Billion Rival Bid For Paramount Global The bid also covers a $400 million breakup fee, which would be necessary to terminate a competing agreement that Paramount Global had previously entered into.
Broadcasting & Cable · Aug 18, 2024 Is Warner Bros. Discovery's Financial Health Really 'Better Than It Appears'? Also in this week's 'Next Text,' we kick the tires on Venu Sports' future, whether 'home entertainment' still exists ... and those who would doubt Caleb Williams
Player One · Jul 26, 2024 Paramount Shareholder Challenges Skydance Merger in Court A Paramount Global shareholder filed a lawsuit against a pending deal between Paramount and Skydance Media.
Fortune · Jul 20, 2024 Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal Billionaire Larry Ellison is helping to fund the two-step merger.
Broadcasting & Cable · Jul 15, 2024 Why We Can’t Be Bothered With TCA Anymore Also in this week’s ‘Next Text,’ we ponder AMC’s long, slow march to irrelevance, the power of bundles, and Mario Gabelli’s quest to put Shari Redstone in a fishbowl
Fortune · Jul 12, 2024 David Ellison's Paramount merger cements the era of the 'nepo CEO' David Ellison's Skydance Media is buying Paramount Global with help from his billionaire dad, Larry Ellison, founder of Oracle. To earn respect, he'll have to walk a tightrope.
Broadcasting & Cable · Jul 9, 2024 Skydance May Not Be Able To Rescue Paramount From Junk-Bond Status, Credit Rating Agencies Say A lot of questions remain unanswered after David Ellison’s big deal, but Moody’s said it’s still ‘possible’ it could downgrade the conglomerate in the coming months