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

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.

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,

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 “fraud” and “misrepresentation” in an $8.