Upon completion of the asset merger, scheduled for the second half of 2025, Tencent will receive less than 5% in the combined Paramount-Skydance company. The Congressional representative's statement ...

Tencent beat Q1 revenue expectations, but growth is unsustainable due to lack of gaming innovation and overreliance on existing IP. E-commerce expansion is intriguing but risky, given fierce ...

UPDATE: Cartoon Brew removed the header images with imagery of the new studio, per the request of Skydance Media, who told the site that the “imagery is not approved for distribution.” ...

Tencent delivered strong Q1/25 results with double-digit revenue and EPS growth, improved margins, and robust user growth across all business segments. AI investments, international gaming ...

Chinese internet giant Tencent has vowed to ramp up all-round AI investments and further expand its overseas commitments, a company announcement revealed on Friday at the Tencent Global Digital ...

When King re-upped last year, CBS parent Paramount Global was in the throes of steep budget cuts ahead of its proposed merger with Hollywood studio Skydance Media. The company is still in upheaval.

“The most severe problem is the [limited] resources of [graphics] cards and computing resources,” said Wang Qi, vice-president at Tencent’s cloud computing unit, during a group interview ...

Wendy McMahon is stepping down as president and CEO of CBS News and Stations, marking another high-profile exit as the company navigates the fallout of a pending Skydance acquisition and mounting ...

“Now, Paramount appears to be walking back its commitments to defend CBS’s First Amendment rights,” they wrote, noting that months before Trump filed his lawsuit, Paramount and Skydance ...

CBS is facing legal issues with Trump, which could affect its merger plans with Skydance. The prestigious news program "60 Minutes" is left without another key ally as CBS News' head, Wendy ...

Vt.) said they are concerned that the media company “may be engaging in improper conduct involving the Trump Administration in exchange for approval of its merger with Skydance Media.” ...

This lawsuit is seen as a major roadblock to the Paramount and Skydance Media merger, according to some analysts. Paramount has also entered mediation in April to try and settle the lawsuit.