Paramount Skydance: MTV Cuts & Future Streaming Plans
Paramount Skydance seeks $500M in cuts. MTV UK shuts down 5 channels. US operations face potential downsizing and shift to streaming due to cord-cutting challenges and future growth strategies.
Paramount Skydance Eyes Warner Bros. Discovery Acquisition
David Ellison's Paramount Skydance considers acquiring Warner Bros. Discovery amid restructuring. A deal could unite major media brands and Hollywood studios. Focus on streaming, movie slate, and cost reduction.