Reported about 23 hours ago
Paramount Global's merger with Skydance Media, approved by the FCC for $8 billion, is set to raise concerns about the psychic costs to the company following a turbulent period marked by controversies, including a lawsuit settlement related to '60 Minutes' and leadership changes amid significant cost-cutting. New CEO David Ellison will lead the merged entity, which faces scrutiny over CBS News's direction and efforts to ensure unbiased reporting. As they navigate challenges in the industry, including the declining fortunes of cable properties, the effectiveness of the merger remains to be seen.
Source: YAHOO