#paramount-skydance-merger

#paramount-skydance-merger

Jon Stewart will be sticking around The Daily Show on Comedy Central through 2026, despite speculation his time might be limited after a Trump-friendly corporate owner merged with the network's parent company. In a statement, Comedy Central's head Ari Pearce said Stewart's return is an ongoing commitment to the incisive comedy and sharp commentary that define The Daily Show.' The renewal is a win for audiences, for Comedy Central and for all our programming partners. We're proud to support Jon and the extraordinary news team.

Most likely, Sheridan began shopping around for a new contract once news broke that David Ellison would merge Skydance and Paramount Global to became CEO of the new Paramount Skydance Corporation. 'Most of the executives he worked with were either fired or marginalized' in the move, according to Puck, including former Paramount Network and MTV Entertainment Studios CEO Chris McCarthy.

The purchase comes in light of major changes to 97-year-old CBS News after a merger between Paramount Global, the channel's parent company, and Skydance Media, a media company founded by David Ellison, the son of billionaire Larry Ellison, this summer. Paramount is also behind the Paramount Pictures movie studios and US cable channels including MTV, Comedy Central and Nickelodeon. Ahead of the merger, Paramount agreed to pay Donald Trump $16m to settle a lawsuit

Paramount CEO David Ellison, in one of his first companywide memos, demanded staff come back to the office five days a week or else find a new job. Ellison, the founder and CEO of Skydance Media, became CEO of Paramount after its long-stalled $8 billion merger with Skydance was finalized last month. Since then, he has warned employees of efficiency changes, and said in an email that the new return-to-office mandate, which will be pushed out in phases starting January 2026, will "unlock Paramount's full potential," reported.