Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.

Paramount’s Skydance merger brings fresh leadership, cost synergies, and asset monetization to fuel a turnaround and reduce leverage. Learn why PARA stock is a buy.

Skydance committed to removing DEI programs and establishing a bias complaint system at CBS News as it seeks FCC approval for Paramount merger.

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

Editor’s note: this segment was taped before news broke of the FCC approval of the Paramount-Skydance merger .] New details from the ongoing Paramount-Skydance merger reveal a $20 million agreement to deliver public service announcements

After the FCC approved Paramount Global's merger with Skydance, several pressing questions will confront the management of the combined company.

The incoming owners plan to hire an ombudsman "who will receive and evaluate any complaints of bias or other concerns" at CBS News.

Shares of Paramount ticked lower on Friday following news that the FCC has cleared the way for the closing of the media giant's $8 billion merger with Skydance Media. "Now that the long, drawn-out sale process is finally nearing its end,