Entertainment Today News Entertainment Giant Paramount Agrees To A Merger With Skydance

Lawmakers say Paramount Skydance 'stonewalling' probe into Trump merger approval

The top Democrats on two U.S. House of Representatives committees said Wednesday Paramount Skydance had refused to answer key questions or provide documents tied to the Trump administration's approval ... Read More

Paramount Skydance's Bold Merger: A New Era in Media

Paramount Skydance shares rose 5.5% as the merged media firm plans significant investments and cost cuts, boosting investor confidence. CEO David Ellison's strategic moves have positioned the company ... Read More

Paramount+ to raise prices in 2026 following Paramount Skydance merger

Paramount+ will become the latest streaming platform to raise prices, according to an announcement from the newly formed Paramount Skydance Corporation during its investors’ call. Read More

House Democrats Accuse Paramount of ‘Stonewalling Congressional Oversight’ Amid Trump-CBS Settlement, Skydance Merger Investigation

Jamie Raskin and Frank Pallone Jr. say the media giant provided an "inadequate and incomplete response" to their investigation into CBS' Trump settlement and the FCC's approval of the Skydance merger ... Read More

Paramount to lay off 2,000 employees shortly after its merger with Skydance

In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees. Paramount initiated roughly 1,000 of those ... Read More

Paramount Layoffs: Media And Entertainment Company Cuts Nearly 1,000 Jobs Following Skydance Merger

Paramount has launched a new round of layoffs affecting staff across CBS Entertainment, MTV, BET, and other divisions, The Wrap reports. Read More