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Skydance’s Merger With Paramount Global Wins FCC’s Approval
Paramount Global’s merger with Skydance Media was approved by the US Federal Communications Commission, which backed the deal after the Trump administration extracted concessions on the news and entertainment company’s political coverage and diversity practices.
Paramount Global says Skydance merger should close in two weeks
Paramount Global said on Friday it expects to complete its merger with Skydance Media by August 7, following government approval for the $8.4 billion deal. After the deal closes, the company will be renamed Paramount Skydance Corp and its Class B shares will trade under the ticker symbol PSKY.
Skydance–Paramount Merger Official After FCC Approval
The merger between Skydance Media and Paramount Global is now official, following final approval from the Federal Communications Commission (FCC)
Federal regulators approve Paramount's $8 billion deal with Skydance, capping months of turmoil
Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.
Paramount and Skydance merger approved and Trump visits Powell at Federal Reserve: Morning Rundown
Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.
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Paramount And Skydance Reveal Merger Closing Date, New Ticker Symbol And Other Deal Details
Paramount and Skydance have confirmed reports earlier this week that their long-gestating merger is expected to finally close on August 7.
FCC OKs $8B Paramount—Skydance Deal, Says It Ensures ‘Diversity of Viewpoints’ at CBS
The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.
For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed
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.
US clears way for $8 billion Paramount-Skydance merger
The merger won approval from U.S. regulators, clearing the way for a sale that evolved into a clash over press freedom in the era of President Donald Trump.
What to know about the Paramount-Skydance merger saga
Federal regulators approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue.
FCC Approves Paramount-Skydance Deal After Skydance’s CBS Ombudsman, Anti-DEI Pledges
The FCC approved the transfer of CBS licenses to Skydance's ownership group, paving the way to the merger of Skydance and Paramount.
Paramount Shares Advance On Skydance Merger But Wall Street Cautious — Now “The Real Work Begins”
Shares of Paramount are set to open higher after the FCC approval its merger but amid ongoing uncertainty about its strategic plans under Skydance Media.
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