News

Paramount Skydance Shares End Roller-Coaster, Memestock-Fueled Week Up 30%, Boosting Market Cap by $2 Billion

Paramount Skydance, over its first full week on the stock market under new owners, saw its stock jump 30% — and boomed as ...

Paramount Skydance Says It Won’t Spin Off Cable Networks, But

The newly merged company’s C-suite execs acknowledge the stiff headwinds of that business and float possible streaming moves ...

Skydance’s Paramount Lands UFC Rights in $7.7 Billion Deal

Under the seven-year deal, UFC fights will be streamed on Paramount+ and select bouts will be simulcast on CBS.

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

GAMCO sues Redstone for allegedly short-changing Paramount investors in Skydance deal

(Reuters) -Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global ...

Paramount Skydance Now Needs To Prove The Juice Was Worth The Squeeze

Paramount Skydance has made its debut after a lengthy and challenging M&A process. Read what investors need to know about ...

Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant

Skydance and Paramount officially closed their $8 billion merger on Thursday — kicking off the reign of a new entertainment ...
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Paramount Skydance CEO David Ellison Has Nothing But Praise For Taylor Sheridan Following Merger: “A Singular Genius With A Perfect Track Record”

Nothing but praise for the man that simply can’t miss.

Investor Mario Gabelli Sues Shari Redstone’s National Amusements Inc. Alleging ‘Unfair and Inequitable’ Terms in Paramount-Skydance Merger

Mario Gabelli's GAMCO sued Shari Redstone's National Amusements Inc., alleging NAI's deal to merge Paramount and Skydance had ...