Control of Paramount, the legendary but troubled TV and movie maker, shifted to Silicon Valley scion David Ellison on Thursday, following a protracted and politically tainted merger process. The ...

Paramount cut approximately 1,000 jobs on Wednesday, with another 1,000 expected "swiftly" in a massive headcount reduction designed to address "redundancies that have emerged" after the company’s $8 ...

Paramount Global has opened acquisition negotiations with Sony and Apollo, The New York Times reported Sunday, after exclusive merger talks with Skydance lapsed Friday and the company continues to ...

New Paramount CEO David Ellison on Thursday told staff to return to the office full-time or accept a severance package. Ellison took control of Paramount, parent company of CBS, Comedy Central and the ...

David Ellison’s nepo-baby start helped launch him out of the shadow of his world’s second-richest-person father to become one of Hollywood’s biggest players after Paramount’s merger with his own ...

Aug 7 (Reuters) - Paramount Global and Skydance Media completed their $8.4 billion merger on Thursday, capping a drawn-out deal process marked by political scrutiny and shareholder concerns. Renamed ...

Paramount will become the new home to all Ultimate Fighting Championship events in the U.S. under a seven-year agreement with TKO Group announced on Monday. Under the deal, Paramount will exclusively ...

Paramount Skydance said it will make $1.5 billion in programming investments next year in its first quarterly results for the combined company since the completion of the $8.4 billion merger. Shares ...

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business. It's the ...

As Skydance completes its acquisition of Paramount, the stage is set for more deal making in the crowded streaming wars. By Lauren Hirsch More than a year after Skydance signed a deal to acquire ...

Paramount was just acquired by a tech mogul's family. A stock that languished for years has a new lease on life. Right now, what a Hollywood studio needs to survive -- and perhaps even thrive -- is ...