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The Latest Breaking News from Skydance

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

Democrats condemn CBS for axing Colbert show: ‘People deserve to know if this is politically motivated’

Lawmakers note cancellation follows Colbert’s criticism of parent company Paramount for settling Trump suit

The Guardian - US

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

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Elizabeth Warren Demands Paramount Explain Colbert's 'Late Show' Cancellation—'America Deserves To Know'

A decision to cancel the "Late Show With Stephen Colbert" is prompting members of Congress to speak out, as the timing draws attention to a recent settlement between Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) and President Donald Trump.

Benzinga

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

‘I am extremely sad’: celebrities react to the end of Stephen Colbert’s Late Show

Ben Stiller, Rachel Zegler and Judd Apatow and others disappointment at decision to axe long-running show

The Guardian - US

South Park fans threaten to cancel their Paramount+ subscriptions after the show was pulled from streaming outside the US: "How does one go about setting Paramount on fire?"

South Park fans are not happy

Total Film

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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

CBS News anchor swipes at parent company for settling Trump lawsuit ‘it said is without basis in law and fact’

‘Can you hold power to account after paying it millions? Can an audience trust you when it thinks you’ve traded away that trust?’ John Dickerson asked viewers on Wednesday.

The Independent UK

‘Sold out the country’: Adam Kinzinger torches Trump’s latest deal as sleazy quid pro quo

Score one for Trump-style corruption.

We Got This Covered

Matthew McConaughey to reteam with Nic Pizzolatto for Mike Hammer film

Matthew McConaughey is to play detective Mike Hammer in a new film, with a script written by True Detective's Nic Pizzolatto.

BANG Premier

Paramount–Skydance Merger in Crisis: Trump Lawsuit and Cost Cuts Jeopardise Deal

Paramount's board is wary of approving a settlement that could be seen as a bribe while awaiting FCC clearance.

International Business Times UK

Heavy, Unusual Volume in Paramount Call Options - Investors Love PARA Stock

Today, heavy, unusual trading volume in long-dated Paramount Class B call options highlights investors' bullish views on PARA stock. Investors are anticipating the merger with Skydance to close, which should boost its FCF growth.

Barchart

Senators question Paramount over efforts to settle Trump lawsuit

Warren, Wyden and Sanders push for information to determine if media company violated federal bribery statute

The Guardian - US

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news in one place.

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The Guardian - US

Chief executive of CBS News stepping down amid tense Trump legal battle

Wendy McMahon cites disagreements with parent company as it faces $20bn Trump lawsuit and merger

GamesRadar

Marvel 1943: Rise of Hydra – Everything we know so far about the upcoming superhero game

Claws out for Marvel 1943: Rise of Hydra, a new adventure on the way in 2026

GamesRadar

Marvel 1943: Rise of Hydra gets delayed to "early 2026" as devs say the extra time will allow for "more polish" and "the best possible experience"

The delay will help the game live up to the devs' "vision"

The Independent UK

Democrats plead with Shari Redstone not to cave to Trump’s ‘bogus’ 60 Minutes lawsuit

‘Stand up for freedom of the press and our democracy. Do not capitulate to this dangerous move to authoritarianism,’ the senators wrote Shari Redstone and the Paramount board

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news in one place.

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The Independent UK

Shari Redstone wants ‘60 Minutes’ to back off Trump amid lawsuit. They are doing the opposite.

The program is scheduled to run a segment on Donald Trump’s intimidation and targeting of major law firms despite the network’s owner asking if ‘60 Minutes’ could delay sensitive stories about the president amid settlement talks of his meritless lawsuit

The Independent UK

Scott Pelley hits out at his own network as ‘60 Minutes’ producer quits because of corporate oversight

“It was hard on him and hard on us,” the CBS Nws correspondent said of Bill Owens’ resignation. “But he did it for us and you.”

The Guardian - US

Host of CBS’s 60 Minutes rebukes corporate owners Paramount on-air

Scott Pelley castigated network over independence pending sale to Skydance Media requiring Trump’s approval

Fortune

Paramount may reportedly settle Trump's $10 billion lawsuit against CBS so his administration doesn't try to block its planned merger with Skydance

President Trump is suing companies and they’re settling. Paramount could be next.

The Independent UK

Will CBS News' parent company settle Trump’s ‘frivolous’ 60 Minutes lawsuit to secure huge merger?

Paramount head Shari Redstone stands to clear billions of dollars once the merger with Skydance Media goes through.

Reason

The Incoming FCC Chief Is No 'Warrior for Free Speech'

Brendan Carr is prepared to block a merger because he doesn't approve of minor CBS editorial decisions.

Fortune

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.

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People

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