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 cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges facing David Ellison as he takes control.

Executive at Paramount Global can breathe a sigh of relief with FCC approval of its $8 billion merger with Skydance Media

Now that David Ellison’s Skydance has secured the keys to Paramount Global, what toys await him inside the company’s intellectual property chest? After a nail-biting federal approval process that inspired backlash,

South Park creators, Trey Parker and Matt Stone, have hit billionaire status after their $1.5B Paramount deal, following CBS' cancellation of The Late Show with Stephen Colbert.

Paramount Global, the parent company of CBS, did its best to preempt the angst over its canceling of “The Late Show With Steven Colbert,” saying from the start that this

Paramount Global faces a tough turnaround as legacy media declines and streaming competition intensifies. Click here to find out why PARA stock is a Sell.

Paramount Global selected Gotham Organization and Lincoln Property Company as finalists to redevelop the CBS Broadcast Center at 524 West 57th Street in Midtown Manhattan. The project aims to transform the 161,