Paramount Skydance Corp

PSKY

Market cap $11.6B

Paramount Skydance Corporation (PSKY) is now positioned for success in the streaming market. PSKY has addressed legacy criticisms by accelerating streaming adoption and overcoming ecosystem fragmentation. I see PSKY as a value opportunity at current prices, signaling a positive shift in its trajectory.

Wall Street banks led by JPMorgan have increased the size of a loan ​package for Warner Bros Discovery to over $10 ‌billion as the media company seeks to refinance debt ahead of its planned merger with Paramount Skydance , ​according to terms seen by Reuters ​on Thursday.

A group of six Democratic senators ​on Thursday expressed serious ‌concerns about planned foreign ownership interests in the proposed $111 ​billion Paramount-Warner Bros. ​Discovery merger.

The David Ellison-led company has publicly said it expects the $110 billion deal to close by the third quarter, or Sept. 30.

A Paramount spokesperson issued a statement on Tuesday morning backing Weiss.

David Ellison's Paramount Skydance hired a former Google exec as its head of consumer AI. Paramount is turning to AI to jump-start its streaming services.

Paramount's chief tech officer is leaving the company after more than seven years. The departure was planned, a person familiar with the move said.

EXCLUSIVE: Paramount's $110 billion acquisition of Warner Bros. Discovery (WBD) is expected to create complications for its SkyShowtime partnership with Comcast, Deadline can reveal.

Paramount+ is exploring adding podcasts, following a push from Netflix. A Paramount streaming executive said video podcasts could help drive engagement and discovery.

A group of U.S. and EU lawmakers said European regulators will "closely examine" Paramount's proposed acquisition of Warner Brothers Discovery. The lawmakers sent a joint letter to Paramount CEO David Ellison shared exclusively with CNBC.