Skydance Deal Done, What Next For Paramount Global?
1. Paramount's sale to Skydance valued at $8.5 billion received FCC approval. 2. Stephen Colbert's show will end, reflecting declining late-night viewership. 3. Paramount plans to invest $1.5 billion in local news operations. 4. Acquired rights to Pac-12 sports, enhancing live programming offerings. 5. Significant changes expected as Skydance merges with Paramount for cost savings.