The Latest Breaking News from Skydance

Larry and David Ellison lead Paramount Skydance, reshaping the US media landscape through tech integration, major acquisitions, and political scrutiny.

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

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.

Kenneth Weinstein was nominated by Trump to serve as ambassador to Japan in 2020.