Paramount Still Sees Skydance Deal Closing First Half Despite Noise; Streaming & Sports Buoy Q1

Paramount Global said it expects the merger with Skydance Media to close in the first half of 2025 despite chatter around the deal, which requires a greenlight from the FCC. “Completion of the Skydance transactions is subject to regulatory approvals and customary closing conditions. The transactions are anticipated to close in the first half of 2025. Until then, Paramount continues to operate in the normal course of business,” the company said in its first-quarter earnings release with solid numbers toppin ...