Paramount-Skydance merger closed after FCC approval
The closing placed CBS, CBS News, Paramount+, Pluto TV, and other brands inside Paramount, a Skydance Corporation, led by David Ellison.
Entities and roles
- David Ellisonincoming chair and chief executive
- Paramount Skydance Corporationnew combined owner
- CBS Newsnews brand in combined portfolio
- Shari Redstoneoutgoing controlling shareholder
- Donald J. Trumppresident whose designated FCC chair preceded approval
Relationships in this file
- Donald J. Trumpmedia combination closed after Trump-era FCC approvalParamount Skydance Corporation
- Donald J. Trumpnews division moved into post-approval combined companyCBS News
- Donald J. Trumpbecame CEO after Trump-era approvalDavid Ellison
- Donald J. Trumpsold control after Trump-era approvalShari Redstone
Claims and evidence
- factdocumented
Skydance Media and Paramount Global completed their merger on August 7, 2025, after the FCC decision under Trump-designated Chairman Brendan Carr; the combined company's portfolio included CBS and CBS News, and David Ellison became chair and chief executive.
- Paramount Skydance Corporation: Skydance Media and Paramount Global Complete Merger, Creating Next Generation Media CompanyCompletion announcement and portfolio, lines 20-42
- Federal Communications Commission: Applications for Consent to the Transfer of Control of Paramount Global, FCC 25-43Ordering clause 61 granting transfer applications
- The White House: President Trump Designates Chairmen and Acting ChairmenJanuary 20, 2025 designation of Brendan Carr as FCC chairman
- factdocumented
The August 7 closing transferred National Amusements and Paramount control from the Redstone family to the Skydance investor group after the Trump-era FCC approval; David Ellison became the combined company's chair and chief executive.
- Paramount Skydance Corporation: Skydance Media and Paramount Global Complete Merger, Creating Next Generation Media CompanyClosing, new ownership, and David Ellison leadership
- Paramount Global: Skydance Media and Paramount Global Sign Definitive Agreement to Advance Paramount as a World-Class Media and Technology EnterpriseNational Amusements sale and two-step control-transfer structure
- Federal Communications Commission: Applications for Consent to the Transfer of Control of Paramount Global, FCC 25-43Ordering clause 61 granting transfer applications