Trump, Paramount
Digest more
South Park,” Jon Stewart and Stephen Colbert have all been critical of their own company and President Trump this week.
2h
Irish Star on MSNSouth Park creators to hit billionaire status after $1.5B Paramount dealSouth Park creators, Trey Parker and Matt Stone, have hit billionaire status after their $1.5B Paramount deal, following CBS' cancellation of The Late Show with Stephen Colbert.
The FCC's approval, which was necessary for the deal to move forward, caps a long-running corporate saga over the fate of Paramount, which owns Paramount+, the Paramount Pictures movie and television studios, the CBS television network and CBS News and Stations. Paramount also owns Nickelodeon, BET, MTV, Comedy Central and other media brands.
South Park” creators Trey Parker and Matt Stone hit the Comic-Con stage on Thursday night, a day after the Season 27 premiere of their smash Comedy Central series, “Sermon on the ‘Mount,” made waves for taking on both Donald Trump and “South Park’s” Paramount corporate parents.
Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, that’s intended to go toward reducing Paramount’s long-term debt ($14.16 billion as of Q1 of 2025) to help stabilize its balance sheet.
Paramount’s cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges facing David Ellison as he takes control.
1don MSN
Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.
With the FCC having cleared the Skydance Media-Paramount merger and the deal set to close in a matter of weeks, Paramount Global co-CEO Chris McCarthy will leave the media conglomerate, a company source confirmed to Variety.