Redstone, who controls Paramount, has been trying to close a merger with the Hollywood studio Skydance. President Trump’s lawsuit against CBS News is complicating matters.

Comcast and Warner Bros. Discovery are rearranging their businesses for mergers and acquisitions. Experts say the next year could transform the media industry.

The deal, which is subject to regulatory approval, would create one of the largest pay-TV distributors in the U.S. The companies were blocked in an...

The deal values all of Axel Springer at roughly $15 billion, with the company’s publishing assets worth about $4 billion.

An F.C.C. filing shows that companies affiliated with Mr. Ellison will own most of the voting interest currently held by Shari Redstone.

Mr. Bronfman has frantically put a bid together over the last week even as Paramount raised questions about his financing.

Edgar Bronfman Jr. and his bidding group now have until September to sell Paramount on their offer.

The offer by Edgar Bronfman Jr. comes days before a crucial deadline in the scramble to acquire control of Paramount.

The tentative deal, said to be approved by Paramount’s special committee, sets the stage for a new chapter for the company, which owns CBS and...

Just weeks after the two media companies scuttled their talks about a potential deal, they have resumed their conversations.