The FCC's approval, which was necessary for the deal to move forward, caps a long-running corporate saga over the fate of Paramount, which owns Paramount+, the Paramount Pictures movie and television studios, the CBS television network and CBS News and Stations. Paramount also owns Nickelodeon, BET, MTV, Comedy Central and other media brands.

Brittney Griner was among the many in the sports world to react to the death of legendary rock star Ozzy Osbourne. Osbourne, known as the front man for Black Sabbath, passed away this week. He was 76 years old. His family announced the news, just a couple of weeks after his final concert. "It is ...

The Federal Communications Commission on Thursday gave the green light to the $8.4 billion merger between Paramount Global and Skydance Media – finally clearing the way for a deal that had been throttled by allegations of bias against CBS News.

Actress Sandra Oh cursed CBS and Paramount networks over Stephen Colbert's show cancellation, citing concerns about culture and free speech during her guest appearance.

The US FCC has approved the merger of Paramount Global and Skydance Media. This deal transfers control of CBS, Paramount Pictures and other networks to Skydance. The approval follows a settlement in a lawsuit filed by Donald Trump.

In a blistering segment this week, the 'Daily Show' host criticized his show's parent company for abruptly canceling the long-running late-night franchise.

Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.

The network is not hiring an outsider to helm “60 Minutes” as the program’s correspondents feared might happen.