A year of big TMT mergers continued this week with the closing of Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery. The company now officially known simply as Skydance not only controls two major Hollywood studios and streaming services but also operates over 50 basic cable channels. CFX Download dives into what the merger means for the cable industry, including what a recent settlement with the states says Skydance can and can't do when negotiating new carriage deals with distributors. Plus, we break down Skydance's ample sports portfolio, the future of CNN and CBS News and what Editorial Director Amy Maclean saw at the Kaitz Event, which took place just a day after the deal closed.
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