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Skydance Media

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Paramount Skydance Leaders Dodge Warner Bros. Bid Talk During Q4 Earnings
business8 days ago

Paramount Skydance Leaders Dodge Warner Bros. Bid Talk During Q4 Earnings

Paramount, now led by Skydance’s David Ellison and Paramount president Jeff Shell, reported a Q4 2025 showing declines in linear ad sales but momentum for Paramount+ and Pluto TV, and the executives avoided discussing Paramount’s bid for Warner Bros. Discovery. Ellison acknowledged the film slate underperformed in 2025 and outlined a rebuild plan that includes more theatrical releases in 2026 (16) and a significant expansion of engineering talent to accelerate tech-driven improvements. Shell stressed CBS’s pivotal role in NFL distribution and expressed confidence in the growth of the FAST/Pluto TV strategy despite monetization headwinds, with cost discipline and licensing deals expected to lift profitability as the studio rebuilds and negotiates future rights.

via Variety|
#business#nfl-rights#paramount-global
Paramount's New Era Under Skydance Leadership Begins
business7 months ago

Paramount's New Era Under Skydance Leadership Begins

David Ellison's Skydance Media completed its $8 billion acquisition of Paramount, amid questions about a rumored deal involving President Trump and free advertising, which Ellison declined to confirm. The merger aims to transform Paramount into a tech-forward company with a strong streaming service, while maintaining its legacy of impactful journalism. The deal also involved significant financial arrangements, including payments to shareholders and debt reduction, positioning the new Paramount for future growth.

via Los Angeles Times|
#business#media#paramount
business8 months ago

Paramount's Trump Settlement Sparks Uncertainty and Criticism

Paramount Global has settled a lawsuit with Donald Trump over '60 Minutes,' but uncertainty remains about its ongoing merger with Skydance Media, amid declining TV revenues, industry shifts to streaming, and internal challenges. The company's future seems increasingly tied to its streaming operations, while traditional TV and key partnerships face difficulties, delaying the merger and raising questions about Paramount's strategic direction.

via Variety|
#business#paramount#skydance-media
law-and-politics8 months ago

Trump Praises David Ellison and Endorses Paramount-Skydance Merger

Donald Trump praised Skydance Media CEO David Ellison amid ongoing merger approval with Paramount and settlement talks related to a lawsuit over 60 Minutes' editing of an interview with Kamala Harris, which Trump claims was manipulated and 'election threatening.' The lawsuit, filed by Trump, alleges deceptive editing, but legal experts consider it meritless. The FCC is reviewing the merger, and settlement negotiations are ongoing.

via Deadline|
#60-minutes-lawsuit#donald-trump#law-and-politics
Paramount's Streaming Success Overshadowed by TV and Studio Challenges
business1 year ago

Paramount's Streaming Success Overshadowed by TV and Studio Challenges

Paramount Global reported its second consecutive quarter of profit in its streaming segment, with a significant reduction in streaming losses compared to last year. However, overall revenue fell short of expectations due to continued declines in its linear TV and studio segments. The company is preparing for a merger with Skydance Media, expected in 2025, and aims for domestic profitability for Paramount+ by then. Despite streaming success, management anticipates a loss in the fourth quarter. Paramount+ gained 3.5 million subscribers, driven by sports and original content, and saw an 18% increase in streaming ad revenue.

via Yahoo Finance|
#business#earnings#linear-tv
"Paramount Faces M&A Speculation Amid Skydance Merger Talks and Strategic Shifts"
business1 year ago

"Paramount Faces M&A Speculation Amid Skydance Merger Talks and Strategic Shifts"

Paramount Global, a historic Hollywood studio, is facing a potential new era as it navigates the challenges of the streaming age and considers takeover bids from Skydance Media and Sony Pictures. Shari Redstone, chair of Paramount Global, is weighing her options amidst corporate upheaval and shareholder dissatisfaction, with the future of the studio and its iconic lot hanging in the balance.

via The Guardian|
#business#paramount#shari-redstone
"Paramount Faces Uncertainty with Job Cuts and Skydance Merger Doubts"
business1 year ago

"Paramount Faces Uncertainty with Job Cuts and Skydance Merger Doubts"

Paramount Global shares fell nearly 5% after the company's annual meeting, where executives announced a $500 million cost-cutting plan and the search for a strategic partner for its streaming service, Paramount+. Hopes for a merger with Skydance Media dimmed as controlling shareholder Shari Redstone appeared to waver on the deal, considering other offers. The company's direct-to-consumer business, including Paramount+, is expected to lose $1.3 billion in 2024, prompting the need for a turnaround plan.

via New York Post |
#business#cost-cutting#merger