Media M&A in 2025: Table Set for More Deal Activity This Year

Story by Todd Spangler

Image from Variety

scrn logline

Streaming soars, TV tumbles as Skydance, Comcast and WBD position for 2025's media M&A frenzy.

beat sheet

Skydance Media, fresh off its $30B takeover of Paramount Global, is eyeing more acquisitions to beef up its streaming catalog.
Comcast is putting its cable networks on the block, signaling it's all-in on broadband and streaming as the future of entertainment.

call sheet

Todd Spangler, Skydance Media, Paramount Global, Comcast, Warner Bros. Discovery, Paramount Global