Skip to content
— CH. 1 · THE AUGUST MERGER —

Paramount Skydance

~3 min read · Ch. 1 of 5
5 sections

  • On the 7th of August 2025, David Ellison officially formed Paramount Skydance Corporation. This new entity emerged from a three-way merger between Paramount Global, National Amusements, and Skydance Media. The company began trading under the ticker symbol PSKY on the Nasdaq exchange. Its headquarters moved to the historic Paramount Pictures lot in Hollywood, California. Multiple divisions relocated to One Astor Plaza in New York City, while major offices remained at the former Skydance Media site in Santa Monica. CBS operations stayed within Midtown Manhattan at their dedicated Broadcast Center. The formation marked the end of decades of corporate splits and reunions that had defined the entertainment landscape since 1912.

  • Regulatory approval for the merger faced significant hurdles due to Donald Trump's return to the presidency. A lawsuit involving CBS News alleging election interference complicated the FCC review process. Lawyers described the legal challenge as baseless, yet Paramount chose to pay $16 million to settle the dispute in July 2025. This payment ensured the Federal Communications Commission would not block the transaction. The settlement led to the cancellation of The Late Show with Stephen Colbert after he called the payment a bribe. Following the merger, David Ellison appointed Bari Weiss as editor-in-chief of CBS News. Trump publicly praised these decisions regarding the news division leadership changes.

  • David Ellison implemented immediate executive reshuffling upon taking control of the combined company. Andy Gordon joined as Chief Operating Officer and strategy officer on the 4th of August 2025. Jeff Shell served as president until his announcement about selling NAI cinemas on August 7. The company announced layoffs affecting approximately 1,000 employees on the 5th of August 2025. These cuts aimed to slash operating costs by $2 billion. A seven-year deal with TKO Group Holdings brought UFC content to Paramount+ starting in 2026. On September 4, management enforced a strict five-day-a-week return-to-office policy for all staff. Further reductions occurred in October when Dana Jacboson, Michelle Miller, and producer Brian Applegate were among those laid off from CBS Saturday Morning.

  • Paramount Skydance attempted a hostile takeover of Warner Bros. Discovery in late 2025. Early speculation valued the potential deal at over $70 billion before settling near $45 billion. The bid faced scrutiny from Senator Elizabeth Warren and other regulators concerned about market consolidation. Netflix ultimately won the bidding war by offering $72 billion for the streaming and studio assets. Paramount launched a counter-offer of $30 per share worth $108.4 billion in enterprise value. Despite this aggressive pricing, Warner Bros. Discovery shareholders rejected the Paramount proposal on the 17th of December 2025. The board cited insufficient value compared to the Netflix offer. By the 23rd of January 2026, Netflix Co-CEO Greg Peters dismissed the Paramount bid as relying heavily on debt and Larry Ellison's personal guarantee.

  • New distribution agreements reshaped the company's content strategy starting in September 2025. Paramount Pictures inked a deal with Microsoft-owned Activision Blizzard to develop a live-action Call of Duty film. This project represented a dream come true for CEO David Ellison, who identified as a long-time fan of the series. Matt and Ross Duffer signed a four-year agreement for movies and television projects following their departure from Netflix in April 2026. Will Smith and his Westbrook company secured a first-look multi-picture deal including films like Sugar Bandits. Legendary Entertainment entered a three-year worldwide distribution pact excluding China. The company also launched Paramount Sports Entertainment to produce scripted and unscripted programming alongside interactive games. These moves aimed to expand the library beyond traditional linear networks into streaming and gaming sectors.

Up Next

Paramount Global

Continue Browsing

Companies based in Los AngelesCompanies listed on the NasdaqFilm production companies based in California

Common questions

When was Paramount Skydance Corporation officially formed?

David Ellison officially formed Paramount Skydance Corporation on the 7th of August 2025. This new entity emerged from a three-way merger between Paramount Global, National Amusements, and Skydance Media.

What happened to The Late Show with Stephen Colbert after the merger?

The settlement led to the cancellation of The Late Show with Stephen Colbert after he called the payment a bribe. Following the merger, David Ellison appointed Bari Weiss as editor-in-chief of CBS News.

How many employees were laid off by Paramount Skydance in August 2025?

The company announced layoffs affecting approximately 1,000 employees on the 5th of August 2025. These cuts aimed to slash operating costs by $2 billion.

Why did Warner Bros. Discovery shareholders reject the Paramount proposal?

Warner Bros. Discovery shareholders rejected the Paramount proposal on the 17th of December 2025 because they cited insufficient value compared to the Netflix offer. By the 23rd of January 2026, Netflix Co-CEO Greg Peters dismissed the Paramount bid as relying heavily on debt and Larry Ellison's personal guarantee.

Which film project did Paramount Pictures develop with Activision Blizzard?

Paramount Pictures inked a deal with Microsoft-owned Activision Blizzard to develop a live-action Call of Duty film. This project represented a dream come true for CEO David Ellison who identified as a long-time fan of the series.

See all questions about Paramount Skydance →

All sources

177 references cited across the entry

  1. 1web2025 Annual Report (Form 10-K)U.S. Securities and Exchange Commission — February 25, 2026
  2. 2webParamount Shifting Its Corporate Headquarters To L.A., Keeping Skydance Base In Santa MonicaDade Hayes — Penske Media Corporation — August 7, 2025
  3. 3webParamount Skydance 2026 Company Profile: Stock Performance & Earnings PitchBook
  4. 4press releaseSkydance Media and Paramount Global Complete Merger, Creating Next Generation Media CompanyAugust 7, 2025
  5. 5webParamount Skydance Merger Finally ClosesDade Hayes — August 7, 2025
  6. 6webSkydance Closes $8 Billion Paramount Deal, Creating "Next-Generation Media and Tech" GiantGeorg Szalai et al. — August 7, 2025
  7. 7webSkydance Closes $8 Billion Paramount Acquisition: 'Today Marks Day One of a New Paramount,' David Ellison SaysJennifer Maas — August 7, 2025
  8. 8newsParamount closes $8 billion merger with Skydance after settling '60 Minutes' lawsuitDeborah Mary Sophia et al. — Yahoo — August 7, 2025
  9. 9webBrendan Carr's emboldened FCC takes on Trump's media foes2025-09-19
  10. 10webA federal agency goes full Trumpist2025-05-19
  11. 11webNo one loves President Trump more than FCC Chairman Brendan CarrJon Brodkin — 2025-12-22
  12. 12newsParamount to Pay Trump $16 Million to Settle '60 Minutes' Lawsuit2025
  13. 13webParamount Agrees to Pay $16 Million to Settle Lawsuit by TrumpJessica Toonkel — 2025-07-02
  14. 14newsParamount will pay $16 million in settlement with Trump over '60 Minutes' interviewDavid Bauder — Associated Press — July 2, 2025
  15. 15newsStephen Colbert's 'Late Show' is canceled by CBS and will end in May 2026David Bauder et al. — Associated Press — July 18, 2025
  16. 16newsEllison offers personal guarantee for son's Warner Bros bid2025-12-22
  17. 17newsTrump spent 90 minutes with '60 Minutes' — here's what happenedBrian Stelter — CNN — November 2, 2025
  18. 18newsTrump Says 'I Absolutely Love' That Stephen Colbert Got 'Fired' and 'I Hear Jimmy Kimmel Is Next'Todd Spangler — Penske Media Corporation — July 18, 2025
  19. 19webParamount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new powerWyatte Grantham-Philips — American newspaper and broadcast members — 2024-07-08
  20. 20bookThe Ciné Goes to Town: French Cinema, 1896–1914Richard Abel — University of California Press — 1994
  21. 21bookLook Now, Pay Later: The Rise of Network BroadcastingLaurence Bergreen — Doubleday and Co. — 1980
  22. 22bookA Tower in Babel: A History of Broadcasting in the United States to 1933Erik Barnouw — Oxford University Press — 1966
  23. 23webBroadcasting MagazineJanuary 14, 1952
  24. 24webBroadcasting MagazineMarch 17, 1952
  25. 25webBroadcasting MagazineJune 23, 1952
  26. 26webBroadcasting MagazineSeptember 22, 1958
  27. 27webBroadcasting MagazineOctober 13, 1958
  28. 28webName change at CBSDecember 4, 1967
  29. 29webBroadcasting MagazineJanuary 29, 1968
  30. 30webBroadcasting MagazineJuly 6, 1970
  31. 31bookThe Business of Media: Corporate Media and the Public InterestDavivd R. Croteau et al. — SAGE Publications, Inc — 2005
  32. 32newsGulf & Western Wants Buyer for Finance Division: Paramount's Parent Plans to Change Name, Focus on Entertainment, PublishingLinda Williams — April 10, 1989
  33. 33newsViacom Chief Leads Group's Buyout BidGeraldine Fabrikant — September 17, 1986
  34. 34newsViacom Inc. has acquired Viacom International Inc.June 10, 1987
  35. 35newsExecutives Say That Viacom Has Won Paramount BattleGeraldine Fabrikant — February 15, 1994
  36. 36webAnnual ReportUnited States Government Publishing Office
  37. 37magazine75 Power Players: The OutsidersNovember 1995
  38. 38bookThe business of media : corporate media and the public interestDavid Croteau et al. — Pine Forge — 2006
  39. 39webViacom moves up split dateDavid B. Wilkerson — Dow Jones & Company — October 18, 2005
  40. 40newsCBS And Viacom Complete MergerCBS News and Stations — April 26, 2000
  41. 41newsDavid Ellison raises $350 million to co-fund movies with ParamountClaudia Eller — August 16, 2010
  42. 42newsDavid Ellison's Skydance Raises $700 Million In Funding For Film, TV SlatesMike Jr. Fleming — Penske Media Corporation — March 19, 2016
  43. 43newsSkydance, Paramount Ink New Four-Year DealMia Galuppo — Eldridge Industries — August 7, 2017
  44. 44webByron Allen Makes $14B Offer to Buy Paramount GlobalAlex Weprin — Eldridge Industries — January 31, 2024
  45. 45bookThe Business Strategies of the Major Hollywood Film Studios (1929–2024)Guy Di Piazza — Taylor & Francis — 2024
  46. 46bookThe Business Strategies of the Major Hollywood Film Studios (1929–2024)Guy Di Piazza — Taylor & Francis — 2024
  47. 47press releaseSkydance Media and Paramount Global Sign Definitive Agreement to Advance Paramount as a World-Class Media and Technology EnterpriseNotified — July 8, 2024
  48. 48newsMeet David Ellison, Paramount's Future Boss and Hollywood's Newest MogulBenjamin Mullin — July 7, 2024
  49. 49webParamount Sees Skydance Merger Closing In First Half As Streaming & 'Sonic' Bright Spots In Mixed Q4Jill Goldsmith — Penske Media Corporation — February 26, 2025
  50. 50webParamount Still Sees Skydance Deal Closing First Half Despite Noise; Streaming & Sports Buoy Q1Jill Goldsmith — Penske Media Corporation — May 8, 2025
  51. 51webUnder Terms Of Paramount-Skydance Merger Agreement, 90-Day Extension Automatically Kicks In With FCC Review Still In Low GearDade Hayes — Penske Media Corporation — April 8, 2025
  52. 52magazineSkydance-Paramount Merger Agreement, Which Is Still Pending FCC Approval, Extended for 90 DaysTodd Spangler — Penske Media Corporation — April 7, 2025
  53. 53webFormer FCC Commissioner Warns Paramount Will Be 'Melting Ice Cube' if Skydance Deal CollapsesLucas Manfredi — The Wrap News Inc. — June 5, 2025
  54. 54webParamount-Skydance: Latest 90-Day Merger Extension Kicks Off TodayJill Goldsmith — Penske Media Corporation — July 7, 2025
  55. 55webParamount-Skydance Merger Clears SEC And EU Amid Ongoing, Fractious FCC ReviewJill Goldsmith — Penske Media Corporation — February 14, 2025
  56. 56magazineFCC Greenlights Paramount-Skydance MergerAntonio Pequeño IV — Integrated Whale Media Investments — July 24, 2025
  57. 57webParamount Co-CEOs Confirm Skydance Deal Closing Date, Laud Employee Efforts During ProcessDade Hayes — Penske Media Corporation — July 25, 2025
  58. 58webNearly Done: Paramount-Skydance Merger Gets Deal Close DateErik Hayden — July 25, 2025
  59. 59webParamount and Skydance Expect Deal to Close Aug. 7Todd Spangler — July 25, 2025
  60. 60webSkydance Sets New Paramount Leadership Team Ahead of Merger ClosingLucas Manfredi — The Wrap News Inc. — August 4, 2025
  61. 61webSkydance-Paramount Post-Merger Hierarchy Made OfficialAnthony D'Alessandro — Penske Media Corporation — August 4, 2025
  62. 62magazine'South Park' Lands $1.5 Billion Streaming Deal With Paramount+: ReportClayton Davis et al. — Penske Media Corporation — July 21, 2025
  63. 63webRevived Paramount TV Studios To Be Led By Matt Thunell; Will Absorb Taylor Sheridan Home MTVE, Showtime & Skydance TV; Keith Cox Staying OnNellie Andreeva — Penske Media Corporation — August 4, 2025
  64. 64web'Victorious' Trina Vega Spinoff 'Hollywood Arts' Starring Daniella Monet Moves To Netflix With Series Order & Cast Set; Nick & P+ Get Second WindowNellie Andreeva — October 24, 2025
  65. 65magazineDavid Ellison Reports for Mogul Duty: Inside New Paramount CEO's Ambitions and ObstaclesMatt Donnelly — Penske Media Corporation — August 5, 2025
  66. 66webNew Paramount Ready To Sell National AmusementsJill Goldsmith — Penske Media Corporation — August 7, 2025
  67. 67magazineVictorious Viacom takes center stageAlan Mirabella — Crain Communications Inc. — February 21, 1994
  68. 68newsParamount, TKO Group reach 7-year deal for all UFC events in U.S.ESPN Internet Ventures — August 11, 2025
  69. 69newsParamount pays $7.7bn for exclusive US rights deal with UFCMark Sweney — August 11, 2025
  70. 70magazineDavid Ellison Shows Off His New Throne at Paramount, With 'Top Gun 3,' 'Star Trek' and 'World War Z' Called PrioritiesPamela McClintock et al. — Eldridge Industries — August 13, 2025
  71. 71webParamount's Movie Priorities Under New Skydance Owners Include 'Top Gun 3', 'Star Trek' & More; Execs Expound On VisionJustin Kroll et al. — Penske Media Corporation — August 13, 2025
  72. 72webCindy Holland On Programming Strategy For Paramount+: "We Want To Entertain All Audiences Around The World"Nelle Andreeva — Penske Media Corporation — August 13, 2025
  73. 73magazineStreaming Movies 'Not a Priority' at Paramount-Skydance; David Ellison Says 'Debate Is Over' About Theatrical Releases Driving Value for FilmMatt Donnelly — Penske Media Corporation — August 13, 2025
  74. 74webParamount Layoffs Will Be "Painful" But One & Done, Jeff Shell Promises; David Ellison Keeps Timeline Private For NowDominic Patten — Penske Media Corporation — August 13, 2025
  75. 75magazine'Stranger Things' Creators Matt and Ross Duffer Sign Four-Year Paramount Deal, Set Netflix Exit in April 2026Rebecca Rubin — Penske Media Corporation — August 19, 2025
  76. 76webDuffer Brothers Close 4-Year Film, TV & Streaming Megadeal With Paramount, Set Netflix ExitwAnthony D'Alessandro — Penske Media Corporation — August 19, 2025
  77. 77magazineDuffer Brothers Officially Move to Paramount With Exclusive Four-Year DealRick Porter — Eldridge Industries — August 19, 2025
  78. 78magazine'Call of Duty' Coming to Theaters as Paramount, Activision Strike Major Film DealAlex Weprin — Eldridge Industries — September 2, 2025
  79. 79webWill Smith and Westbrook Set Multi-Picture Deal at Paramount PicturesJustin Kroll — Penske Media Corporation — September 3, 2025
  80. 80webParamount Sets Three Year Distribution Deal With LegendaryJustinDeadline Hollywood Kroll — Penske Media Corporation — September 4, 2025
  81. 81webParamount Institutes Companywide Return To Office MandateNellie Andreeva — September 4, 2025
  82. 82webPiers Morgan's 'Uncensored' YouTube Show Heading To Paramount UK Network 5 In "World-First Collaboration"Max Goldbart — Penske Media Corporation — September 5, 2025
  83. 83webParamount Creates New Sports Entertainment Division, Led by Jesse Sisgold (Exclusive)Alex Weprin — Eldridge Industries — September 11, 2025
  84. 84webParamount launches new Sports Entertainment divisionDrew Lerner — September 12, 2025
  85. 85webParamount Skydance 'preparing' bid for Warner Bros DiscoveryJosh Sim — September 12, 2025
  86. 86webParamount to create sports entertainment division2025-09-13
  87. 87webParamount Adds AI Executive Dennis Cinelli To BoardJill Goldsmith — Penske Media Corporation — September 16, 2025
  88. 88webMarc Weinstock to step down from Paramount PicturesSeptember 17, 2025
  89. 89webParamount to tap former Trump official to join legal teamLydia Moynihan — NYP Holdings, Inc. — September 23, 2025
  90. 90magazineParamount Hires Former DOJ Head Under Trump As Chief Legal OfficerCatlin Huston — Eldridge Industries — September 25, 2025
  91. 91webParamount International Markets President & CEO Pam Kaufman To ExitJesse Whittock — Penske Media Corporation — September 26, 2025
  92. 92newsParamount Skydance begins layoffs, plans to slash about 2,000 jobsRob Wile et al. — NBCUniversal News Group — October 29, 2025
  93. 93webCBS buys The Free Press website and installs founder Bari Weiss as CBS News editor-in-chiefDavid Bauder — American newspaper and broadcast members — October 6, 2025
  94. 94newsParamount Reports Streaming Growth in First Earnings Since Skydance MergerIsabella Simonetti — Dow Jones & Company — November 10, 2025
  95. 95webParamount sells Argentine broadcaster Telefe to businessman Gustavo ScaglioneKarolina Kaminsha — October 23, 2025
  96. 96magazineTaylor Sheridan's Manifest Destiny Is NBCUniversal, But Paramount Keeps the (Dutton) RanchTony Maglio — Eldridge Industries — October 27, 2025
  97. 97magazineDid Paramount Blow It By Losing Taylor Sheridan?Steven Zeitchik et al. — Eldridge Industries — October 27, 2025
  98. 98magazineParamount Never Made Taylor Sheridan an Offer to Stay: How TV's Biggest Partnership Fell ApartJames Hibberd et al. — Eldridge Industries — October 28, 2025
  99. 99magazineComcast Chief Says It, When NBCUniversal Won't Yet: Taylor Sheridan Is a Huge DealAlex Weprin — Eldridge Industries — October 30, 2025
  100. 100newsCBS News anchor John Dickerson becomes latest figure to exit networkEric Berger et al. — October 27, 2025
  101. 101magazineParamount Layoffs Begin: David Ellison Tells Staff Restructuring Required to Address "Evolving Priorities"Alex Weprin — Eldridge Industries — October 29, 2025
  102. 102webCBS guts Saturday Morning staff amid larger Paramount layoffsEmma Keates — Paste Media Group — October 29, 2025
  103. 103magazineCBS News to Overhaul Saturday Morning Show After Paramount LayoffsBrian Steinberg — Penske Media Corporation — October 29, 2025
  104. 104webParamount Layoffs Hit Motion Picture Execs In Production, Marketing, Music & More; Studio Co-Chairs Say, "Today Has Been A Difficult One"Anthony D'Alessandro — Penske Media Corporation — October 29, 2025
  105. 105magazineParamount TV Layoffs Hit CBS Entertainment, Paramount+, MTV and MoreJoe Otterson et al. — Penske Media Corporation — October 29, 2025
  106. 106webParamount Layoffs Impact TV Executives Across CBS, MTV, BET & Distribution; George Cheeks Reflects On "Incredibly Difficult" DecisionsNellie Andreeva et al. — Penske Media Corporation — October 29, 2025
  107. 107webMatt Thunell Sets Leadership Team Of Paramount Television Studios, Unveiling Executive Appointments & DeparturesNellie Andreeva — Penske Media Corporation — October 30, 2025
  108. 108newsParamount sheds another 1,600 workers as David Ellison team digs inMeg James — November 10, 2025
  109. 109news600 Paramount employees quit instead of returning to office full timeDominick Mastrangelo — Nexstar Media Group — November 11, 2025
  110. 110newsParamount Skydance to sell Chilevision to investor groupThomson Reuters — November 14, 2025
  111. 111webHouse Democrats Press Paramount-Skydance To "Fully Comply" With Their Merger Investigation, Call Responses "Inadequate And Incomplete"Ted Johnson — Penske Media Corporation — November 12, 2025
  112. 112newsLawmakers say Paramount Skydance 'stonewalling' probe into Trump merger approvalDavid Shepardson — Thomson Reuters — November 14, 2025
  113. 113webParamount TV Chief George Cheeks Sets Leadership Structure for Cable TV Brands After LayoffsTodd Spangler — 2025-11-04
  114. 114magazineMTV's Music-Only Channels Are Officially Going DarkJon Blistein — 2025-12-31
  115. 115webCom 'Video killed the radio star', MTV encerra sua programação musical no mundo
  116. 116webParamount Exploring Bid For Warner Bros. DiscoveryJill Goldsmith — Penske Media Corporation — September 11, 2025
  117. 117webElizabeth Warren sounds alarm on potential Paramount-WBD dealDrew Lerner — September 11, 2025
  118. 118webWarner Bros Discovery Up for Sale? Skydance Makes Bold Move for Hollywood ControlChris Braly — Avatar Press — September 15, 2025
  119. 119webParamount, Warner Brothers Merger Risky With $55 Billion Price GrowingEd Ponsi — The Arena Group — September 17, 2025
  120. 120webWarner Bros. Discovery Stock Falls On Doubts Over Friendly Paramount Tie-UpNauman Khan — Yahoo Inc. — September 29, 2025
  121. 121webParamount Skydance bid for Warner Bros. Discovery could be in the range of $22 to $24 per share, sources saySara Salinas — NBCUniversal News Group — September 19, 2025
  122. 122magazineParamount Skydance could soon add HBO, CNN, and DC Studios to its empireTaylor Hatmaker — Fast Company, Inc. — September 19, 2025
  123. 123webUTA CEO David Kramer On Paramount-WBD Merger, Marvel's Box Office "Breather" & Seizing On CAA, WME ShiftsDade Hayes — Penske Media Corporation — September 17, 2025
  124. 124webFX Chairman John Landgraf Says Paramount-WBD Deal (Or Another Mega Merger) Is "Inevitable"Jake Kanter — Penske Media Corporation — September 18, 2025
  125. 125webWorld TV Production 2022Informa — November 7, 2022
  126. 126webHere's Everything in Warner Bros. Discovery's Game-Changing Library: Film, TV and NewsDiane Haithman — The Wrap News Inc. — April 8, 2022
  127. 127magazineParamount Rounds Out Its Executive Ranks Under David EllisonTony Maglio — Eldridge Industries — August 6, 2025
  128. 128webParamount Global (PARA) - Skydance Media LLC by Paramount Global Merger Call
  129. 129magazineDiscovery+PCMag Digital Group — May 26, 2023
  130. 130webPluto TV Could Become The Home For Free HBO & The Real Winner of a Paramount & Warner Bros. Discovery MergerLuke Bouma — September 16, 2025
  131. 131webParamount-WBD Merger: Adding A TikTok Side Benefit?Wayne Friedman — MediaPost Inc. — September 26, 2025
  132. 132webCNBC Sport: What to expect as a Paramount bid for WBD loomsAlex Sherman — NBCUniversal News Group — October 2, 2025
  133. 133magazineWarner Bros. Discovery Rejected Paramount Skydance Acquisition Offer of $20 per Share as Too Low (Report)Todd Spangler — Penske Media Corporation — October 14, 2025
  134. 134newsWarner Bros. Discovery rejects $24-a-share takeover bid fom Paramount SkydanceNYP Holdings, Inc. — October 21, 2025
  135. 135webParamount Mulls Next Move After Second Bid For Warner Bros Discovery Is RejectedDade Hayes et al. — Penske Media Corporation — 2025-10-22
  136. 136newsWarner Bros Discovery rejects Paramount offer, source says, company ponders sale optionsThomson Reuters — October 12, 2025
  137. 137newsParamount Skydance talking to Apollo, buyout firms to join possible $60B Warner Bros. Discovery bid: sourcesNYP Holdings, Inc. — October 8, 2025
  138. 138newsParamount Said to Discuss Warner Bid With Apollo, LegendaryLucas Shaw — Bloomberg L.P. — October 8, 2025
  139. 139webParamount plans to merge Paramount+ and HBO Max, but few other changes planned for Warner Bros. DiscoveryVerticalScope — October 28, 2025
  140. 140webParamount Accuses Warner Bros. Discovery of Unfair Bidding Process, Favoring Netflix in Letter to ZaslavKayla Cobb — 2025-12-04
  141. 141webNetflix Wins Bidding War For Warner Bros. Discovery, Will Start Exclusive Deal TalksDominic Patten et al. — December 4, 2025
  142. 142webNetflix to acquire Warner Bros. Discovery, raising antitrust concerns
  143. 143webParamount Mulls Hostile Takeover of Warner Bros.: ReportsDecember 5, 2025
  144. 144webParamount Launches Hostile Takeover Offer For Warner Bros. DiscoveryJill Goldsmith — 2025-12-08
  145. 145webParamount Makes $77.9 Billion Hostile Bid for Warner After Netflix Struck DealLauren Thomas — 2025-12-08
  146. 146webParamount Skydance may raise bid for Warner Bros. Discovery by 10% after going hostile: sourcesCharles Gasparino — 2025-12-11
  147. 147newsWarner Bros favours Netflix offer over $108bn Paramount bidOsmond Chia et al. — BBC News — December 18, 2025
  148. 148webWarner Bros. Discovery to review Larry Ellison's offer to guarantee Paramount Skydance's $78B takeover bid: sourcesCharles Gasparino — 2025-12-22
  149. 149webWarner Bros. Discovery Rejects Paramount's Latest Takeover Offer, Says It's Still 'Insufficient' Compared With Netflix DealTodd Spangler — January 7, 2026
  150. 150webWARNER BROS. DISCOVERY BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS SHAREHOLDERS REJECT AMENDED PARAMOUNT TENDER OFFERJanuary 7, 2026
  151. 151webNetflix Co-CEO Greg Peters Says Paramount’s WBD Bid ‘Doesn’t Pass the Sniff Test’Erik Gruenwedel — January 23, 2026
  152. 152webParamount CEO David Ellison Takes Dig At “Monopolistic” Netflix In Open Letter To UK Creatives About Warner DealJake Kanter — February 5, 2026
  153. 153webActivist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reportsFebruary 10, 2026
  154. 154webActivist Investor Slams WBD For Rushing Into "Flawed" Netflix Deal, Tells Board To Engage With Paramount As Temperature RisesJill Goldsmith — February 11, 2026
  155. 155webParamount taps ex-Trump official as public policy VP amid Warner Bros bidFebruary 13, 2026
  156. 156webWarner Bros Discovery sees activist Sachem Head increase stake in Q4Svea Herbst-Bayliss — February 13, 2026
  157. 157webWarner Bros. Weighs Reopening Sale Negotiations With ParamountLucas Shaw — February 15, 2026
  158. 158webClient Challenge
  159. 159webWarner Bros. Discovery deems Paramount's takeover bid superior to Netflix dealWPLG Local 10 — February 26, 2026
  160. 160webNetflix Declines to Raise Offer for Warner Bros.Netflix — February 26, 2026
  161. 161newsMassive Merger Confirmed: Paramount And WBD Reveal Details Of $110 Billion DealJill Goldsmith — 2026-02-27
  162. 162webLeaked audio: Warner Bros. Discovery CEO David Zaslav tells employees Paramount deal felt 'whiplash-y'James Faris — 2026-02-27
  163. 163webDeal Watch: Dozens of Big Law Partners Handled $106B Paramount-Warner Bros. DealMarch 2, 2026
  164. 164webMicrosoft to gobble up Activision in $69 billion metaverse betJanuary 18, 2022
  165. 165newsDisney to buy key 21st Century Fox assets for $52.4 billionMike Snider — December 14, 2017
  166. 166webJeff Shell Out As Paramount PresidentDominic Patten — Penske Media Corporation — April 8, 2026
  167. 167webJeff Shell Exiting as President of ParamountAlex Weprin — Penske Media Corporation — April 8, 2026
  168. 168webParamount's Jeff Shell Fires Back: Exec Says Allegation He Leaked Private Corporate Info Is 'Utterly False Tale' Created in a 'Shakedown' AttemptTodd Spangler — Penske Media Corporation — March 16, 2026
  169. 169webParamount Details Separation Agreement With Jeff ShellJill Goldsmith — Penske Media Corporation — April 9, 2026
  170. 170webWarner Bros. Discovery Stockholders Approve Transaction with Paramount SkydanceApril 23, 2026
  171. 171webParamount Pictures & Warner Music Group Ink Multi-Year First-Look Deal For Theatrical Pics Based On Performing ArtistsAnthony D'Alessandro — May 7, 2026
  172. 172webWBD Sales Chiefs Acknowledge The “Ellison In The Room”, Nodding To Paramount Deal At UpfrontMay 13, 2026
  173. 173webWarner Bros. Discovery Upfront: New Advertising Solutions, Formats, and Talk of the ‘Ellison’ in the RoomMay 13, 2026
  174. 174magazineParamount Global Revives Republic Pictures, Historic Home to John Wayne and Orson Welles, as Acquisition Label (EXCLUSIVE)Matt Donnelly — Penske Media Corporation — March 24, 2023
  175. 175press releaseCBS Corporation Announces Launch Of CBS Experiences (CBSX), A New Live And Experiential Events DivisionCision
  176. 176webHow ViacomCBS Has Sharpened Its Focus on Streaming Via DealsGeorg Szalai — Eldridge Industries — December 29, 2020
  177. 177webSkydance Unveils Slate Of Directors For New Paramount SkydanceJill Goldsmith — Penske Media Corporation — August 5, 2025