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Skydance to merge CBS Sports with TNT Sports

PRIVATEOct 09, 2026

Acquiring Company

Skydance

Acquired Company

CBS Sports

Los AngelesMedia And EntertainmentFilmFilm Production

Description

Skydance is merging CBS Sports with TNT Sports to form a single entity. This merger is expected to generate around $6 billion in synergies but will likely result in significant job losses. The new organization will streamline operations and cut costs by eliminating redundancies. Enhanced focus on strategic sports rights is also anticipated in this consolidation.

Company Information

Company

Skydance

Location

Los Angeles, California, United States

About

Skydance is a film and television production company. It is involved in the creation of various innovative media projects. Recently, it has expanded its operations into the sports sector through significant mergers and acquisitions. Skydance aims to enhance its portfolio and leverage synergies from its new acquisitions.

Fundz sees it the moment Skydance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired CBS Sports?

CBS Sports was acquired by Skydance, based in Los Angeles. The deal was reported on October 9, 2026. Skydance is a film and television production company. It is involved in the creation of various innovative media projects. Skydance is privately held and operates in Media And Entertainment.

When did Skydance acquire CBS Sports?

Skydance's acquisition of CBS Sports was reported on October 9, 2026. Skydance is merging CBS Sports with TNT Sports to form a single entity. This merger is expected to generate around $6 billion in synergies but will likely result in significant job losses. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CBS Sports do?

CBS Sports is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.