Future of Paramount+ among merger talks

[F. King Daniel]

Paramount Schedules Annual Shareholder Meeting, Sets Board Expansion Amid Skydance Merger Watch

Paramount Global has set its annual shareholder meeting for July 2, the latest sign that its merger with Skydance Media is unlikely to close on schedule.

deadline.com

Oh hell yeah, can't wait for them to announce another Star Trek theatrical movie they have no intention of making!

 

[Danja]

Paramount Will Be A “Melting Ice Cube” If Trump Dooms Skydance Deal, Ex-FCC Commissioner Rob McDowell Says – But Even A 2-Member Agency Could Still Approve It

Paramount Global will be "a melting ice cube" if its pending Skydance merger doesn't close, former FCC commissioner Rob McDowell cautioned Thursday.

deadline.com

“Paramount can get approved at 1-1 because it could be a bureau action,” said McDowell, now a partner at Cooley LLP. “The conventional thinking, which is inaccurate, is that you need commission votes for high-profile mergers. Only if there’s something ‘new or novel.’ The Skydance proposal is a simple transfer of control of licenses. They’re not already a broadcaster, they aren’t other issues at play. So, it should be approved on bureau action so that’s something that you do not need an FCC vote of the commissioners to get done.”

 

[DarrenTR1970]

Shari Redstone announced at the meeting she had thyroid cancer and is undergoing treatment.

 

[Dukhat]

Shari Redstone announced at the meeting she had thyroid cancer and is undergoing treatment.

I hope she has a speedy recovery.

 

[Danja]

Paramount-CBS And Trump Legal Teams Say They Are In “Continued Mediation” To Settle ’60 Minutes’ Lawsuit, Ask Judge To Extend Some Filing Deadlines

At issue is the president's $20 billion lawsuit against the network.

deadline.com

The CBS–Paramount Global legal team and representatives for Donald Trump said that they were in “continued mediation” to settle the president’s $20 billion lawsuit against the network over the way that a 60 Minutes interview with Kamala Harris was edited.

The update came in a new filing in federal court in Texas in Friday, as the sides asked the judge for an extension of deadlines in filing motions to compel and responses. The judge, Matthew Kacsmaryk, quickly granted the extensions.

The legal teams told the judge that they are not asking him to extend a June 23 deadline for CBS to file a response to Trump’s opposition to their motion to dismiss the case.

 

[Danja]

CBS Calls Donald Trump’s ‘60 Minutes’ Lawsuit A “Meritless” Attempt To “Evade Bedrock First Amendment Principles” In Latest Filing

CBS made its latest filing in President Donald Trump's lawsuit over 60 Minutes.

deadline.com

 

[oktay]

Paramount+ is changing the name of its ad-free tier back to Paramount+ Premium

Like Max before it, Paramount+ With Showtime is being rebranded with the name that it was originally rebranded to replace.

thestreamable.com

 

[DarrenTR1970]

A Federal mediator has told Paramount to pay tRump the $20 million if it wants the merger with Skydance to go through.

 

[Danja]

Mediator In Trump’s CBS Lawsuit Proposes $20 Million Settlement – Report

The mediator in President Donald Trump's lawsuit against CBS and '60 Minutes' has proposed a settlement worth $20 million, according to a WSJ report.

deadline.com