Skydance Media is a film and television production company founded by David Ellison. It was privately held and so filed no periodic reports with the SEC; its documented public record begins with the transaction that combined it with Paramount Global.
The Paramount merger in the SEC record
A Delaware entity named New Pluto Global, Inc. was registered on 4 November 2024 and renamed Paramount Skydance Corp on 1 August 2025 — the vehicle through which the combination was carried out. Paramount Global filed a Form 15-12G on 18 August 2025, deregistering its securities. The combined company trades as PSKY on Nasdaq under the name “Paramount, a Skydance Corporation,” with David Ellison as chairman and chief executive.
Relevance to digital political discourse
The merger moved control of CBS News — a broadcast network news division — to the owners of a production company. One documented editorial consequence, the October 2025 acquisition of The Free Press and the appointment of Bari Weiss as CBS News editor-in-chief reporting directly to Ellison, is documented on the Paramount page.
Sources
- 01.
U.S. Securities and Exchange Commission. Paramount Skydance Corp — EDGAR filer record, CIK 0002041610. Source for the combined company's registration: Paramount Skydance Corp, EIN 99-3917985, Delaware, trading as PSKY on Nasdaq, formerly New Pluto Global, Inc. from 4 November 2024 to 1 August 2025.
- 02.
U.S. Securities and Exchange Commission. Paramount Global — EDGAR filer record, CIK 0000813828. Source for Paramount Global's Form 15-12G deregistration filed 18 August 2025, marking the close of the transaction.
- 03.
Paramount, a Skydance Corporation. Paramount Announces Deal to Acquire The Free Press. Source for David Ellison's title as chairman and chief executive of the combined company and for the company's post-merger trading name and ticker.