A Paramount-WBD merger is a disaster for the people who work at both companies, and if Bari Weiss takes control of CNN, it will be the end of the global network Ted Turner founded, one concerned CNN producer who was not authorized to comment told the Guardian. I don't think that's hyperbolic.
Warner Bros. Discovery on Friday agreed to be acquired by Paramount Skydance in a deal worth $110 billion, Reuters and Deadline reported, citing remarks by Warner Bros. executive. Bruce Campbell, Warner Bros' chief revenue and strategy officer, made the announcement at a morning town hall, according to Reuters.
Tony, we have now the hottest country in the world, and a year and a half ago, our country was dead. We had a dead country. You wouldn't have a job right now. If she got in, you probably wouldn't have a job right now. Your boss, who's an amazing guy, might be bust, okay? Might be what? Dokoupil asked. Might be bust. I doubt it in his case, but you never know, Trump continued.
Ellison's $40 billion promise to personally back his son's Paramount deal is not a charitable donation in the classic sense. It is something more emblematic of this billionaire era: philanthropic capitalism, where vast personal fortunes are deployed through markets rather than around them, and "giving it away" increasingly means reshaping industries instead of writing checks to traditional charities. It lands at the exact moment that the older model of billionaire philanthropy-epitomized
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.
King is expected to leave the anchor position she's held for more than a decade, four insiders told Variety. She may take on a different role amid CBS's complete overhaul of its news division, the sources said. King's contract expires in May, but CBS seems interested in keeping her on in some capacity, potentially producing her own programming, they added.
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.
