The David Ellison-owned studio has accused the investor group of "seeking to hijack" the FCC's review of its pending $8 billion merger

Lawyers for Skydance are trying to fend off efforts by Project Rise investors to force Paramount to evaluate a higher $13.5 billion takeover offer.

Skydance is calling out a rival bidder for Paramount for allegedly attempting to derail the Hollywood studio’s merger with the media giant, claiming it has uncovered proof of

David Ellison's Skydance has asked the Federal Communications Commission to reject a complaint, which alleged that the current $8B deal to buy Paramount Global (PARA) (PARAA) is short-changing Project Rise's bid,

The deal that would merge Skydance Media and Paramount Global is not over the finish line - and now lawyers for David Ellison's Skydance are trying to fend off efforts by a group of investors to force Paramount to evaluate a higher $13.