Paramount plans major TV expansion after Skydance merger. Paramount announced Monday plans to significantly expand its television studio production following its acquisition by David Ellison's Skydance, marking the company's first major strategic move since the $8.4 billion merger closed in early August. The announcement came as part of the media giant's initial earnings report under new ownership, with Ellison pledging more than $1.5 billion in incremental programming investments for 2026. #Paramount #Skydance #DavidEllison #StreamingWars #CBSStudios #ParamountTV #MediaIndustry #Hollywood https://www.perplexity.ai/...