Skydance Media has responded to an inquiry from three left-wing U.S. senators who expressed concerns about “bribery” with respect to the Trump administration’s approval of its deal to acquire Paramount Global — and had questioned whether Skydance had any part in the cancellation of “The Late Show With Stephen Colbert.

Paramount Global posted second-quarter earnings that exceeded Wall Street estimates on Thursday as the company prepares for a sale to Skydance Media.

The long saga of Paramount's sale to David Ellison's Skydance Entertainment is finally done; how is he likely to reshape the century-old media company for the future?

Paramount Global squeezed out a small profit in its last quarter before an anticipated sale to Skydance Media, boosted in part by new subscriptions to the Paramount+ streaming service amid a period in which traditional revenue from advertising and cable distribution fell.