Now that Paramount global A lawsuit filed by President Donald Trump against “60 minutes“Is there even a chance Fog around the company’s discovery to sell yourself To Skydance media What is going to rise? So far, this is not completely clear – not even for the officials of paramount global.
The owner of CBS, Comedy Central and Paramount Movie Studios, controlled by Sherry Redstone, expressed confidence in May that Skydance acquisition was still expected to be closed in the first half of 2025. ” While this period took place about a week ago, Paramount has so far released a new guidance about its expectations. Both sides already have agreements that can expand the timelines of their merger agreement by October this year.
There are good reasons for the company’s deal to exclude. The main occupation of Paramount is – Broadcasting and Cable TV – Roold. As the Paramount was waiting for the Federal Communications Commission to approve his deal and noticed whether the legal experts believe that CBS News had a legal legal quarrel with the aim of punishing “60 minutes” to an interview with electoral rival Kamla Harris, its operations have continued.
Revenue keeps erasing from TV advertising and distribution. The company performed around $ 4.5 billion in revenue from its traditional TV operations in the first quarter of the year, which was largely below the $ 4.97 billion, which was born in the fourth quarter of 2024. In fact, the last time Paramount was a year’s revenue boost for a year from its TV business, when it broadcast Super Bowl LVIII-and gave a 1% profit before the period of year-the-poor.
Even super bowl success can wash a business that is washing away. Like its rivals, paramount is struggling with a generational change in the media sector, with consumers’ accustomed to stream their favorite programs in their own moments with growing base. Such dynamics reduce cable models, and paramount, which has compressed investment in many of its cable outlets over the years, feeling more squeezed than traditional competitors such as Disney and Compast, and of course in ways that Netflix and Amazon are not newly opposed to the major videos of Amazon.
Now, major paramount players are removing themselves from the playground. In June, Naveen Chopra, Paramount CFO, who is riding a flock on the company’s financial with a trio of the “cum-CEO”, announced that it was leaving. The Region? A similar position in Roblox. In March, the CBS said that he was going out of the business of pouring original programming after 12:30 pm after the host of late night program, “After midnight,” Taylor Tomlinson, Taylor Tomanson, Decided to pursue your own comedy business Instead To be tied to the program. CBS Plan: Fill the hour on a large scale Repeat of syndicated program “Comics Analished.”
Other important partners are increasing issues. Tree Stone and Matt Stone, two creative figures behind the Comedy Central Series “South Park” – one signature paramount TV series – last week said that they believe that the merger has delayed the fans to watch their work. “This merger is a nonsense show and it is fucking ‘South Park’,” Both of them said in a statement released through social media A few hours after Paramount, the start of the series announced a delay of two weeks.
The effects of the deal are being seen on CBS News. In journalism circles, Paramount’s decision to pay $ 16 million to President Trump has tarnished a long -running news “60 minutes,”. Viewed as one of the main basis of TV-News And which produces large ratings. In an era, advertisers are more hated to sponsor news programming, cited polarized audiences and negative headlines, tied to politics and climate change, the decision of paramount has reduced the show, and will be seen more when the manufacturers are able to see whether the manufacturers are able to maintain their high report standards.
The future of paramount will lie in its streaming operations. In May, American operations of Paramount+ were “on track” to turn on profit in 2025. But the streaming business generates less than half of revenue produced by the traditional TV division of paramount. Skydance may want to see more closely on those deteriorating tasks because it determines that it is determined when a merger can come close.
The company’s only concrete plans for paramount were unveiled a year ago, It is said to cut at least $ 2 billionA lot from its linear network. In the interim, the TV fate of the paramount looks as if they have decreased, and the time spent in Trump’s trial has reduced. No wonder has not come to get this deal on the Skydance Finnish line.
