Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.

With this week’s FCC approval, the merger between Paramount Global and Skydance Media is expected to be completed in the coming weeks at a value of $8 billion. The question for the new company is whether the psychic cost is much higher.

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.

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.

The transfer of control from Shari Redstone to a consortium led by David Ellison has been thirteen months in the making.

South Park,” Jon Stewart and Stephen Colbert have all been critical of their own company and President Trump this week.

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.

The revival’s third season (and the show’s eleventh overall) will launch on Sept. 3 at the basic cabler. The first two seasons of the revival debuted on Paramount+, but it was announced in June 2024 that the series would be airing on Comedy Central going forward.