Paramount Skydance has emerged as the frontrunner to acquire Warner Bros. Discovery, valued at approximately US$70 billion (approximately A$105 billion), with CNN seen as key to giving the bidder an advantage over Comcast and Netflix,

Today’s entertainment market is no longer limited to movie theaters, television networks, and streaming; content creation, gaming, distribution, access, and consumer data all must be included in the DOJ’s analysis.

Each has pros and cons—but the bottom line may be that there are no perfect options: “I just wonder, when has a Warner Bros. merger gone well?” says one top movie producer. “It’s hard to even know who’s the best.

Paramount shares surge 10% after its first earnings report since merging with Skydance, as Ellison outlines $1B in new savings and bold global ambitions.

A rundown of Paramount's biggest franchises, including Mission Impossible, Star Trek, Teenage Mutant Ninja Turtles and Transformers.

About 600 Paramount Skydance employees took a voluntary severance package after the company set a January 2026 return-to-office directive mandating five days per week in the office.

Wondering if Paramount Skydance is still a bargain, or if you've already missed the best of its run? You're in the right place to dig into what really drives its value. Shares have soared 48.2% year-to-date and are up 46.

The company previously laid off nearly 300 workers locally in anticipation of its now-completed $8 billion merger.

Paramount has formed an investment consortium with the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi to submit a $71 billion bid for WBD.