CBS, Colbert and Paramount
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The high-stakes deal that came together this week resulted from months of back-and-forth among a constellation of power players with competing interests, including the president, the Larry Ellison family and mogul Shari Redstone.
Skydance, the entertainment company set to take over Paramount in an $8 billion merger, told federal officials this week that it will hire an ombudsman who will review “complaints of bias” at CBS News
Sen. Elizabeth Warren has called on Paramound and Skydance to respond to questions about the details of a $36 million settlement agreement with Trump.
Colbert followed “The Daily Show” host Jon Stewart’s attack of the deal one week earlier. Stewart works for Comedy Central, also owned by Paramount, making the two comics the most visible internal critics of the $16 million settlement that was announced on July 1.
Skydance CEO David Ellison discussed his company's pending merger with Paramount with FCC Chairman Brendan Carr at a meeting this week
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Straight Arrow News on MSN‘South Park' creators reach $1.5 billion streaming deal with ParamountTrey Parker and Matt Stone, the creators of "South Park," have struck a $1.5 billion deal with Paramount for streaming rights of the beloved show, according to the Los Angeles Times. The deal was completed after tense negotiations between the parties.
Paramount, Trump in ‘advanced’ discussions to settle $20 billion lawsuit. The parties asked a Texas judge on Monday to pause case deadlines until Thursday as negotiations over the suit play out.
Four members of Paramount Global's board are expected to step down soon as the entertainment giant controlled by Shari Redstone discusses a merger with Skydance Media, the Wall Street Journal ...