Democrats call for review of Paramount's Middle Eastern financial backers [Yahoo! Finance]
Paramount Skydance Corporation - Class B (PSKY)
Company Research
Source: Yahoo! Finance
Democratic lawmakers are demanding scrutiny into Paramount Skydance's financial backers amid rising concerns about potential foreign influence of U.S. media properties. In a letter this week to Federal Communications Commission Chairman Brendan Carr, seven U.S. senators criticized Carr's suggestion that Paramount's $111-billion bid for Warner Bros. Discovery, backed by billionaire Larry Ellison and his family, was on a fast track to receive FCC approval with scant oversight. Such complicated mergers typically receive an intense government review. The proposed merger would combine two legendary film studios, dozens of cable channels, HBO, CBS and two major news organizations CNN and CBS News. Ellison and his son, David, who chairs Paramount, are friendly with President Trump, who has long agitated for changes at CNN, which is slated to be absorbed by Paramount. The company has said it expects to complete the deal by the end of September. The Democrats expressed concerns that
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PSKY
News
- Paramount Skydance (PSKY) Down 20.6% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- How Paramount wants its managers to talk about David Ellison's new RTO mandate [Business Insider]Business Insider
- Netflix Is Raising Prices Again—Here's What The Streaming Giant's Plans Cost Now [Yahoo! Finance]Yahoo! Finance
- Why Netflix Hiked Prices, Explained in One Chart [Yahoo! Finance]Yahoo! Finance
- Netflix Walked Away From Warner Bros. Then It Raised Your Bill Anyway [Yahoo! Finance]Yahoo! Finance
PSKY
Earnings
- 2/25/26 - Miss
PSKY
Sec Filings
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- PSKY's page on the SEC website