Joining us now, founding partner of Puck, Matthew Belly. Matt, really good to have you. Um, bring us behind the scenes on this deal.How explicit were the promises from Sky Dance to the FCC to change programming at CBS. And do we have an idea of what that is going to look like. >> It's been very explicit.There have been several letters that have been filed with the FCC explicitly promising that they will monitor the content particularly at CBS News. Um, obviously the president was involved in litigation over ...

It's happened. It's over the line. What did the parties have to do to get us there, Chris.Well, good goodbye to all those diversity equity inclusion programs. Paramount, like a lot of companies, was was trying to get more people of color, more diverse people on screen behind the scenes. All of that effort is gone.Another big change is in the NEWSROOM at CBS. There's going to be a ombudsman who's going to handle claims of media bias. This is a company that just this month settled a $16 million lawsuit with P ...

the FCC approving Paramount's $8 billion merger with Sky Dance Media. Joining us right now is Matt Bellan. He's uh Puck's founding partner.Uh the deal looks like it's in the books, Matt. And so the question really, we can go back and and litigate everything that's happened, but what comes next. What are the sort of the first pieces of things that we're you think we're going to start to see as a result of all this.Yeah. Can you believe we're still talking about this deal. It hasn't closed yet.Um, I think wha ...

And welcome back to Worldwide Exchange. As we close on the 6 a. m.hour, a check of a few big stories that we're following this morning. Open AAI plans to open up its first office in DC next year as look looks to deepen ties with lawmakers and with regulators. The company currently has about 30 people working in DC.CEO Sam Alman is scheduled today to speak at a conference hosted by the Federal Reserve. Universal Music disclosing it's filed confidentially for an IPO. The world's biggest music label, whose pri ...

Paramount Global (PARA) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Company Participants Jaime Morris - EVP - IRChris McCarthy - CEO and President & CEO - SHOWTIME & MTV Entertainment StudiosGeorge Cheeks - CEO and President & CEO - CBSBrian Robbins - CEO and President & CEO - Paramount Pictures and NickelodeonNaveen Chopra - Executive VP & CFORic Prentiss - Managing DirectorKutgun Maral - Director Conference Call Participants Steven Cahall - Managing Director, Senior Analyst - Media, Advertising & Cable ...

Paramount Global (PARA) Q1 2025 Earnings Call May 08, 2025 04:30 PM ET Speaker0 Good afternoon. My name is Nadia, and I'll be the conference operator today. At this time, I would like to welcome everyone to Paramount Global's Q1 twenty twenty five Earnings Conference Call. At this time, all lines have been muted to prevent any background noise. After the speakers' remarks, there will be a question and answer session. You. At this time, I would now like to turn the call over to Jamie Morris, Panmac Global's ...