Skydance Media and Paramount Global Complete Merger, Creating Next Generation Media Company
Reporting cited here
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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.
Completion announcement and portfolio, lines 20-42Paramount-Skydance merger closed after FCC approval · Merger completed
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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.
Closing, new ownership, and David Ellison leadershipParamount-Skydance merger closed after FCC approval · Merger completed
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After the Paramount-Skydance combination approved under Trump-designated FCC Chairman Brendan Carr closed, Paramount acquired The Free Press and made co-founder Bari Weiss editor-in-chief of CBS News, where Paramount said she would shape editorial priorities and report directly to chief executive David Ellison; The Free Press retained its own brand and operations.
August 7, 2025 merger completionParamount acquired The Free Press and installed its founder at CBS News · Acquisition completed; editorial appointment in effect