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Paramount bidder Skydance plays patriotism card in push for deal OK - TL;DR CNBC

Paramount bidder Skydance plays patriotism card in push for deal OK

Publishing timestamp: 2025-07-18 22:02:28


Summary

Skydance CEO David Ellison is seeking approval for the merger with Paramount Global, promising a focus on "American storytelling" and "unbiased" editorial direction for CBS News. The deal has faced delays and controversy, including a $16 million settlement with former President Trump over a "60 Minutes" interview. The settlement has caused tension within CBS, leading to high-profile departures and the cancellation of a late-night show.


Sentiment: MIXED

Tickers: PARA

Keywords: mediadonald trumpbreaking news: politicsbreaking news: businessparamount globalpoliticsbusiness news

Source: https://www.cnbc.com/2025/07/18/paramount-bidder-skydance-plays-patriotism-card-in-push-for-deal-ok.html


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