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The Latest Breaking News from Skydance

RedBird Capital’s $2 billion power play: Meet Gerry Cardinale, the private equity kingmaker behind the Paramount–Skydance deal

Private equity firms have been making moves in Hollywood for some time, but Redbird's stake in the Paramount deal is by far the largest to date.

Fortune

Yellowstone, Top Gun, Chalamet: what will the Paramount-Skydance merger mean for film and TV?

Controversial $8bn deal finalized this week and the future is set to look different for one of the biggest Hollywood studios

The Guardian - US

Someone Just Asked A Major Paramount Investor If CBS News Would Be Compromised As The Skydance Merger Finalizes And Colbert Gets The Axe

Paramount's top investor shared his thoughts.

Cinemablend

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Is there a Trump side deal or not? New Paramount chief doesn’t want to talk about it

‘We’re focused on the future… We are not going to politicize anything today,’ David Ellison said during a press event.

The Independent UK

‘The economics made it a challenge’: CBS boss talks Stephen Colbert cancellation

As the Paramount-Skydance merger is made official, George Cheeks has finally spoken about the controversial decision to end The Late Show after 32 years

The Guardian - US

New Paramount owner says ‘all the right things’ during first stop at CBS News offices

EXCLUSIVE: ‘He didn’t botch it,’ a network employee said about David Ellison’s meeting. ‘Which is a decent start.’

The Independent UK

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 giant after a contentious, over year-long endeavor to get the transaction over the finish line

The Independent UK

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CBS May Be Cutting Ties With Another Major Host After Paramount Merger Drama With Stephen Colbert

More changes could be headed to the Tiffany Network.

Cinemablend

Stephen Colbert Wastes No Time Landing A New Gig Despite All The Late Show Drama, And I Think It's Almost Too Perfect A Fit

If this turned into a permanent gig, I wouldn't be mad about it.

Cinemablend

‘Colbert And Others Act Like They're The IP.’ How The Billionaire Taking Over Paramount And CBS (Allegedly) Really Feels Following Late Show's Axing

The incoming head of Paramount reportedly isn't a Stephen Colbert fan.

Cinemablend

We are witnessing the silencing of American media

From the Washington Post to CBS, companies are caving to Trump. This is how democracy dies

The Guardian - US

Former late night host says Stephen Colbert cancellation was a ‘no-brainer’

‘These legacy shows are haemorrhaging money with no real end to that,’ said Samantha Bee

The Independent UK

FCC chairman Brendan Carr’s meddling in broadcast journalism contradicts his own avowed views

As a minority FCC member during the Bush administration, Carr condemned government interference with newsroom decisions.

Reason

Do Wall Street Analysts Like Paramount Global Stock?

Paramount Global has slightly underperformed the broader market over the past year, and analysts are somehow bearish about the stock’s prospects.

Barchart

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Cinemablend

I Asked Star Trek’s Robert Picardo If Skydance Merger Will Impact Starfleet Academy, And He Gave An A+ Answer

He was the perfect person to ask.

Cinemablend

With South Park's Episode About President Trump Going Viral, Stephen Colbert Weighed In And Did Not Hold Back

The host didn't mince words.

The Independent UK

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

Al Jazeera

With Trump go-ahead, Skydance and Paramount to complete merger in August

The merger has faced scrutiny for what critics view as capitulations to Donald Trump, including a $16m settlement.

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news in one place.

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Barchart

As the FCC Approves the Paramount-Skydance Merger, How Should You Play PARA Stock?

The FCC has approved Paramount Global’s $8 billion merger with Skydance Media. Wall Street still recommends staying away from Paramount stock.

Reason

The FCC's Paramount/Skydance Decision Aims To Reshape Broadcast Journalism by Bureaucratic Fiat

Chairman Brendan Carr thinks his agency should strive to ensure that news coverage is fair and balanced—a role precluded by the First Amendment.

Cinemablend

Why Some People Are Claiming Stephen Colbert's Show Could ‘Have Been Killed’ Earlier Than It Was

Was it inevitable?

Benzinga

Elizabeth Warren Slams Trump Administration's Paramount-Skydance Approval, Calls It 'Wink-Wink Deal' Signaling President Is Open For Business

Sen. Elizabeth Warren (D-Mass.) has called for an urgent investigation into President Donald Trump's approval of Paramount Global Inc.'s (NASDAQ:PARA) (NASDAQ:PARAA) $8 billion merger with Skydance, suggesting it may have involved a "big fat bribe."

The Independent UK

US and Mexico sign accord to combat Tijuana River sewage flowing across the border

The United States and Mexico have signed an agreement outlining specific steps, funds and a timetable to clean up the longstanding problem of the Tijuana River pouring sewage across the border and polluting California beaches

The Guardian - US

US regulators approve $8.4bn Paramount-Skydance merger

FCC approval of deal comes after Paramount paid $16m to settle Trump lawsuit over 60 Minutes interview

International Business Times

US Regulators Let Skydance Acquire Paramount Global

US regulators on Thursday approved an $8 billion deal for Skydance to acquire Paramount Global after receiving assurances the merged company will follow Trump administration guidelines against programs promoting diversity, equity and inclusion.

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