Paramount Skydance Corporation Stock News

A federal appeals court ruled on Friday that the 2022 Tom Cruise blockbuster "Top Gun: Maverick" did not infringe a magazine article that inspired the original 1986 "Top Gun" film.

From tariff threats to megamergers, it has been an eventful year for media and telecom stocks. Get ready for another one.

When business revs back up next week, Warner Bros. Discovery looks set to reject Paramount's amended hostile takeover bid due in part to concerns at the delay that could dog its planned cable spinoff if a deal falls through, Deadline hears.

Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A) is reportedly set to reject Paramount Skydance's (NASDAQ:PSKY) amended $108.4 billion hostile bid, according to CNBC. The decision would effectively set aside Paramount's efforts to strengthen its financing through a $40.4 billion personal guarantee from Oracle co-founder Larry Ellison.

Warner Bros Discovery is expected to reject Paramount Skydance's amended $108.4 billion hostile bid, CNBC reported on Tuesday.

Netflix and Paramount will both eventually have reasons to scale back theatrical releases.

Netflix remains central in streaming headlines, with potential Warner Bros. Discovery and Paramount deals, but industry expert Dan Rayburn shares why investors should focus only if/when deals close.

After CBS News' decision to delay a "60 Minutes" segment about migrants deported to an El Salvador prison, some critics have alleged the move was to curry favor with the Trump administration.