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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.

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.

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.

‘Morning Joe’ Warns Republicans Will Suffer ‘Blowback’ for Paramount-Skydance Merger | Video

"Morning Joe" co-host Joe Scarborough warned Republicans they will suffer "blowback" for the $8 billion Paramount-Skydance merger

Paramount Global Co-CEO Chris McCarthy, Head of MTV Entertainment, to Exit After FCC Skydance Deal Approval

With the FCC having cleared the Skydance Media-Paramount merger and the deal set to close in a matter of weeks, Paramount Global co-CEO Chris McCarthy will leave the media conglomerate, a company source confirmed to Variety.
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