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‘There’s always blowback’: Joe warns GOP will regret Trump-era media power play
MSNBC· 2025-07-25 13:17
The Federal Communications Commission has approved an 8 billion merger between Paramount and Sky Dance Media. The deal, which was announced more than a year ago, includes a CBS broadcast television network, Paramount Pictures, and the Nickelodeon Channel. A statement from FCC Chairman Brendan Carr reads in part, quote, "Americans no longer trust the legacy national news media to report fully, accurately, and fairly. It is time for a change." Okay, Brenn, whatever you say, buddy.Um, so, uh, it took a while. ...
Expect 'dramatic' moves from Skydance after $8B merger with Paramount, says Puck's Matt Belloni
CNBC Television· 2025-07-25 12:58
Merger & Acquisition - The FCC approved Paramount's $8 billion merger with Sky Dance Media [1] - Sky Dance is expected to make significant moves post-merger, potentially including selling off Paramount Global's cable networks [2] - Dramatic cost-cutting measures are anticipated, with Sky Dance promising approximately $2 billion in cuts [4] Content Strategy & Cuts - Potential merger of Paramount Plus and Pluto, Paramount's free streamer, is being considered [2] - Paramount is pursuing a film deal with Will Smith [3] - CBS may face cuts in scripted programming, potentially managing it as a legacy declining asset [5] - Paramount Plus may shift towards less expensive shows, potentially impacting Taylor Sheridan's productions [6] - The Daily Show's future is uncertain due to its profitability, raising concerns about potential censorship of Trump critics [10][11] CBS News & Potential Acquisition - Negotiations are underway for Sky Dance or the new Paramount/CBS to acquire Barry Weiss's Free Press [12] - Free Press is valued between $200 million and $250 million [13] - David Ellison aims to bring in a center-right commentator to CBS News, potentially signaling a shift in the network's perceived bias [13][14]
X @Bloomberg
Bloomberg· 2025-07-25 10:15
On this episode of Everybody’s Business, we offer South Park as an example of why CBS cancelling the Late Show may really have been a business decision https://t.co/Rs3IqVf8MS ...
Top DOJ official meets with convicted Epstein accomplice
NBC News· 2025-07-25 01:36
Tonight, Attorney General Pam Bondi's top deputy meeting at a Florida courthouse with Galileain Maxwell, the convicted accomplice of notorious sex offender Jeffrey Epstein. Deputy Attorney General Todd Blanch meeting privately with Maxwell and her attorneys, posting, "I'll continue my interview with her tomorrow and will share additional information about what we learned at the appropriate time." This tonight from Maxwell's attorney. She answered all the questions truthfully, honestly, and to the best of he ...
FCC Greenlights $8 Billion Paramount-Skydance Merger After Skydance Vows To End DEI Programs
Forbes· 2025-07-24 22:25
Group 1 - The Federal Communications Commission (FCC) approved an $8 billion merger between Paramount and Skydance Media, which will lead to significant changes in hiring and operational strategies at Paramount [1][2] - Skydance will gain control of CBS broadcast television, Paramount Pictures, and Nickelodeon as part of the merger, which is expected to close in the coming weeks [2] - FCC Chair Brendan Carr expressed support for Skydance's commitment to changes at CBS, emphasizing the need for diverse viewpoints in news and entertainment programming while announcing an injection of $1.5 billion into Paramount operations [3]
FCC approves Paramount-Skydance merger
CNBC Television· 2025-07-24 22:13
All right, we've got some breaking news we want to get to on the Paramount Sky Dance merger. Julia Borson's got the latest. Julia, >> Melissa, big news here.The FCC has granted the approvals necessary to clear the Paramount Sky Dance merger. Um, this is an 8 billion merger of Paramount Global with Sky Dance Media. This includes the transfer of 28 CBS owned local TV stations to the Skyanceled group.Now, a couple of key things here. This comes after Skyance's Sky Dance made a commitment uh to have its uh to e ...
'Baffling': Trump desperately seeks off-ramp from Epstein scandal
MSNBC· 2025-07-24 04:38
As the political fallout surrounding Jeffrey Epstein continues, the Justice Department is facing its own legal obstacles over this case. As we mentioned, a federal judge in Florida denied one of the government's bids to unseal grand jury transcripts from the state's investigation of Jeffrey Epstein. And in a separate ruling, a federal judge in New York denied a request by Gileain Maxwell, his former co-conspirator, to gain access to grand jury transcripts related to her case.She's currently serving 20 years ...
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Bloomberg· 2025-07-23 16:20
Skydance said it’s willing to install an ombudsman to review any complaints of bias at CBS as a condition of its pending merger with Paramount https://t.co/UqhiXd9R8J ...
‘Looks like bribery’: Warren questions Colbert cancellation, Trump-Paramount deal
MSNBC· 2025-07-23 01:36
Steven Coar did his first show since the announcement of its cancellation last night. He's got about a year to go until CBS shuts it down for good. The cancellation immediately raised suspicions because Paramount, the owner of CBS, is desperate for the Trump administration to appro approve its proposed merger with Sky Dance.It agreed to pay Trump $16 million to settle an utterly baseless lawsuit. Today, we learned it may be a lot more than that. Trump bragging that in addition to the 16 million, he anticipa ...
'Not the moment to give in': Jon Stewart, late-night comics blast Trump over Colbert cancellation
MSNBC· 2025-07-22 23:33
Steven Colbear is refusing to back down after news broke that CBS would be canceling the Late Show in May of 2026. The host is one of the most watched shows in late night TV, taking aim at Donald Trump, plus skewering CBS and Paramount for its $16 million settlement with Trump. Over the weekend, somebody at CBS followed up their gracious press release with a gracious anonymous leak, saying they pulled the plug on our show because of losses pegged between4 million and $50 million a year.40 million is a big n ...