In a drastic move following the Paramount-Skydance merger, Paramount is set to lay off 1,000 employees, with many more cuts expected in the coming weeks. This decision is part of a broader strategy to achieve $2 billion in cost savings.
Following the Skydance-Paramount merger, new leadership promises to ramp up movie production, targeting 15 to 20 releases a year, including major franchises like Top Gun and Star Trek.
Paramount Global is set to finalize its $8bn merger with Skydance Media, marking a pivotal shift in the entertainment industry under the Trump administration's influence. The merger's approval has raised eyebrows amidst political tensions and a recent lawsuit settlement with Trump.
The FCC has greenlit the $8 billion merger between CBS's parent company Paramount and Skydance Media, amidst accusations of political influence and promises of reform in news coverage.
Jon Stewart expresses uncertainty about the future of The Daily Show in light of the Skydance-Paramount merger. He reflects on the show's value amidst industry changes and recent cancellations.
Paramount Global has scheduled its annual shareholder meeting for July 2, signaling potential delays in its $8 billion merger with Skydance Media. With regulatory hurdles and a lawsuit from Donald Trump, the merger's future remains uncertain.
