Overview

• The FCC approved Skydance’s $8 billion acquisition of Paramount Global last week, clearing the final regulatory hurdle for the deal to close on August 7, 2025.
• Josh Greenstein, Sony Motion Picture Group’s co-president, has been tapped to join the new Paramount in an undefined role that will extend beyond film.
• David Ellison will become chairman and CEO of the merged company, leading an executive team that includes Cindy Holland on streaming strategy and Dana Goldberg on creative oversight.
• George Cheeks, current co-CEO of Paramount Global and CEO of CBS, will retain his leadership positions after the merger.
• Brian Robbins and Chris McCarthy, who have served as co-CEOs of Paramount Global, are expected to depart once the transaction closes.