The Latest Breaking News from Skydance

Sinclair said that removing Kimmel was free speech itself and it’s “inconsistent to champion free speech while demanding that broadcasters air specific content.”

While Paramount Skydance has outpaced the S&P 500 Index over the past year, analysts are moderately bearish about the stock’s prospects.

Disney’s Bob Iger and Paramount’s David Ellison are among executives pulling the strings amid criticism that US TV networks are caving to the Trump administration

The suspension by Disney-owned ABC of talk show host Jimmy Kimmel is the latest surrender by a US media giant to pressure from the Trump administration, putting the bottom line over free speech.

Paramount Skydance is reportedly prepping a bid to purchase Warner Bros. Discovery, which includes the WG Games unit.

The report comes just weeks after the merger between movie giant Paramount and independent film studio Skydance Media.

On Thursday, U.S. Senator Elizabeth Warren (D-Mass.) denounced Paramount Skydance Corp.'s (NASDAQ:PSKY) reported plans to bid for Warner Bros. Discovery Inc. (NASDAQ:WBD). She warned that the potential media merger poses a threat to competition and could be linked to questionable approvals under President Donald Trump.

Paramount Skydance Corp. (NASDAQ:PSKY) is reportedly working with an investment bank to prepare a potential bid for Warner Bros. Discovery, Inc. (NASDAQ:WBD), according to people familiar with the situation. 

The potential bid would see Paramount purchase all of the assets of its studio rival, including the global television business that was set to be spun off next year.

Media conglomerate putting together majority cash offer for WBD backed by ultra-rich Ellison family, reports say

I'm laughing now, but maybe this effort will make all the difference.