In the high-stakes game of media mergers, Warner Bros. Discovery (WBD) is at the center of attention. The latest development? David Ellison might be stepping down if Paramount Skydance (PSKY) wins the bidding war. This unexpected turn has investors buzzing, with shares climbing nearly 1. 5% on Thursday. Paramount Skydance has put a $58 billion offer on the table, a ...

Jon Stewart, the well-known comedian and host of The Daily Show, has made it clear that he isn't planning to leave his role anytime soon. During a recent discussion at the New Yorker Festival, Stewart mentioned that he and his team are actively working on extending his contract, which is set to expire in December. When asked directly if he wants to continue hosting t...

A huge media deal just got the thumbs up from the FCC. Paramount Global and Skydance Media are set to join forces after a long wait. The FCC approved the transfer of 28 local TV stations, clearing the last hurdle for this $8 billion merger. The FCC voted 2-1 to approve the deal. The only no vote came from Commissioner Anna Gomez. She had concerns about Paramount's s...