The $8.4 billion sale of Paramount to Skydance is expected to close by Aug. 7. The U.S. government cleared the final hurdle to the deal last week. Copyright 2025 Thomson Reuters.

Paramount Global earnings are on deck for Thursday afternoon after the media and entertainment company has spent several weeks in the political spotlight. Paramount is scheduled to report second-quarter financial results after the stock market closes.

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.