The lawmakers argue settling the $20 billion lawsuit to clear regulatory approval of the pending $8 billion Skydance merger could violate federal anti-bribery laws and the state’s unfair competition law
The post California Senate Launches Paramount-Trump Settlement Talks Investigation, Invites Bill Owens and Wendy McMahon to Testify appeared first on TheWrap.
The David Ellison-owned studio has accused the investor group of “seeking to hijack” the FCC’s review of its pending $8 billion merger
The post Skydance Media Slams Project Rise Partners’ ‘Belated’ and ‘Unserious’ $13.5 Billion Bid for Paramount appeared first on TheWrap.
The unsealed class-action complaint alleges the media giant failed to sufficiently consider the alternative option from Project Rise Partners
The post New York City Pension Funds Sue to Pause Paramount-Skydance Deal Over $13.5 Billion Offer appeared first on TheWrap.
Co-CEO George Cheeks is expected to stay following the Skydance merger, and CBS is the only network safe from possible sale
The post David Ellison May Fold Paramount TV Networks Into Single Unit, Co-CEO Brian Robbins Might Exit | Report appeared first on TheWrap.