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

 

[StarCruiser]

Nice little game of extortion Herr Drumpf....

 

[F. King Daniel]

Does Star Trek HAVE to remain American?

 

[Nerys Myk]

Does Star Trek HAVE to remain American?

You guys need to give us Who first. We already have Bond.

 

[fireproof78]

Does Star Trek HAVE to remain American?

Does Star Trek have to be produced?

 

[XCV330]

Fortunately Paramount is a company of fresh ideas that can weather the.. oh wait they're rebooting the Stand, again, after 4 years. Nevermind, they're boned.

 

[Danja]

Donald Trump, CBS-Paramount Say They Are In Advanced Negotiations To Settle ’60 Minutes’ Lawsuit, Ask Judge To Halt Proceedings Until July 3

Trump and CBS-Paramount Global asked a judge to pause proceedings until July 3, announcing that they were in advanced stages of settlement talks.

deadline.com

Lawyers for Donald Trump and CBS–Paramount Global asked a judge to put a pause on proceedings until July 3, announcing that they were in advanced stages of settlement talks.

“The Parties respectfully submit that good cause to stay all proceedings exists because the Parties are engaged in good faith, advanced, settlement negotiations,” the parties said in a filing on Monday in federal court in Texas.

The latest court filing is an indication that a settlement is imminent.

The Wall Street Journal reported last week that a mediator had proposed a $20 million settlement.

 

[Danja]

PARAMOUNT GLOBAL SETTLES DONALD TRUMP LAWSUIT FOR $16 MILLION. NO APOLOGY FROM CBS.

Skydance merger now back on track.

Paramount Settles Donald Trump Lawsuit, Clearing Path For Skydance Merger; $16M Payment But No Apology In ’60 Minutes’ Affair

Trump said the show's interview with then-presidential candidate Kama Harris was deceptively edited.

deadline.com

 

[UssGlenn]

glad this is sorted out, sad it took a bribe to do it.

 

[Mudd]

Does Star Trek HAVE to remain American?

Yes. Otherwise, it's something else.

 

[Danja]

this is sorted out, sad it took a bribe to do it.

The money is not going to Trump:

The settlement figure is identical to the amount that Disney paid in December to settle a Trump defamation lawsuit against ABC News over comments that George Stephanopoulos made on This Week. Like Disney’s settlement, the Paramount sum will be made to Trump’s future presidential library and includes legal costs.

Trump wanted a $25 million settlement. He's not getting what he asked for by any means.

 

[Quinton]

PARAMOUNT GLOBAL SETTLES DONALD TRUMP LAWSUIT FOR $16 MILLION. NO APOLOGY FROM CBS.

Skydance merger now back on track.

Paramount Settles Donald Trump Lawsuit, Clearing Path For Skydance Merger; $16M Payment But No Apology In ’60 Minutes’ Affair

Trump said the show's interview with then-presidential candidate Kama Harris was deceptively edited.

deadline.com

Someone at Deadline should maybe check the SEO excerpt. “Kama Harris” never ran for president…