Skydance on Thursday said in a letter to Senate democrats that it has fully complied with all laws, a response to questions raised by Sens. Elizabeth Warren, Bernie Sanders and Ron Wyden about Paramount’s settlement with Trump and his claim that he will get additional ads for his causes.

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?

Days before a new ownership team takes control of the company, Paramount Global reported second-quarter earnings that beat analysts’ estimates, crediting lower costs and growth in streaming profit.