An American basic cable channel focused on comedy
Skydance has completed a monster merger that unites Paramount Pictures, Warner Bros., CBS, CNN, HBO Max, and Paramount+. The deal creates a single behemoth under David Ellison, with Ynon Kreiz as co-CEO, steering a portfolio of studios, networks, and streaming services. Regulators have secured guardrails, including a minimum annual film slate and geographic production requirements.
A victim has travelled to Reading Crown Court to witness the sentencing of Ethical Forestry directors after they admitted fraud. The case centers on the misappropriation of funds from thousands of investors for personal gain, while victims hope for accountability and closure.
Paramount has settled a multi-state antitrust suit over its $110 billion merger with Warner Bros. Discovery, agreeing to distribute a set number of films annually and to safeguard CBS News and CNN’s editorial independence. The deal clears a major hurdle but integration and staffing questions remain as regulators, executives, and staff brace for the next phase.
Paramount’s Skydance merge unites major studios, streaming services, and networks under a single group, reshaping Hollywood and the global media landscape. The deal includes HBO Max, CNN, Channel 5, TNT Sports, and iconic franchises like Harry Potter, Top Gun, and The Godfather. Regulators worldwide have approved the transaction after a lengthy bidding battle, with leadership shifts under David Ellison and Ynon Kreiz.