Organization

Paramount Global

Media company; parent of CBS and CBS News. Taken over by Skydance in 2025.

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Also known as
Paramount, Paramount Skydance

Connections 7

acquired

  • Warner Bros. Discovery 6 Oct 2026 Scholarship & press 12

    Justice Department approval on 12 June 2026; the deal closed on 6 October 2026, per a Poynter commentary dated 7 October.

acquired by

  • Skydance Media 2025 Scholarship & press 3

    The FCC approved the merger on 24 July 2025.

involved in

includes

Timeline 2 dates
  1. 2025 Skydance Media acquired Paramount Global
  2. 6 Oct 2026 Paramount Global acquired Warner Bros. Discovery
Proof 6 sources
  1. Justice Dept. approves Paramount's acquisition of Warner Bros. Discovery, NPR, 2026. Scholarship & press
    The Justice Department on Friday approved Paramount's proposed $111 billion takeover of Warner Bros. Discovery.
  2. Paramount and Warner Bros. Discovery are finally one company. So what happens now?, Poynter (commentary), 2026. Scholarship & press
    Paramount Skydance closed its $111 billion deal to take over Warner Bros. Discovery.
  3. CNN is getting new owners with close ties to Trump, NPR, All Things Considered, 2026. Scholarship & press
    And they were approved, you know, a little over 14 months ago to take over Paramount.
    So Paramount is taking over Warner Bros. Discovery, which sounds like, OK, it's one big corporate deal.
  4. FCC approves sale of CBS parent company Paramount, NPR, Morning Edition, 2025. Scholarship & press
    It owns CBS, CBS News.
    Shari Redstone wanted out.
  5. Paramount to pay $16 million to settle Trump's CBS lawsuit, NPR, Morning Edition, 2025. Scholarship & press
    Paramount will pay $16 million, which will be directed toward Trump's future presidential library and his legal costs.
    The parent company of CBS News, Paramount Global, is settling a lawsuit brought by President Trump
  6. Paramount, President Trump reach $16 million settlement over "60 Minutes" lawsuit, CBS News, 2025. Scholarship & press
    Paramount will settle President Trump's lawsuit over a "60 Minutes" interview with Kamala Harris for $16 million, the company announced late Tuesday.
    Paramount has maintained that the lawsuit was completely without merit and that "60 Minutes" followed a standard editing process.
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