News

For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed

Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, ...

Paramount Co-CEOs Thank Staff, Promise Transition Updates 'Soon' as Media Giant Prepares for 'New Era'

Paramount co-CEOs George Cheeks, Brian Robbins and Chris McCarthy expressed their thanks to the media giant's staff following ...

Paramount Co-CEO Chris McCarthy Set to Exit After Skydance Merger

McCarthy became co-CEO of Paramount, alongside George Cheeks and Brian Robbins, in April 2024. The trio took on the role ...

‘The Daily Show’s Future, Cable Networks’ Fate, And 6 More Questions Facing Paramount & Skydance Post-Merger

After the FCC approved Paramount Global's merger with Skydance, several pressing questions will confront the management of ...

Larry Ellison to Hold 35.5% of Family’s Voting Rights in New Paramount, National Amusements After Skydance Merger Closes

The Oracle chairman will not have any "veto rights, or any special or outsized voting rights," per an amendment filed with ...

Ex-Paramount executive allegedly sexually assaulted underling, harassed another co-worker: lawsuits

After his advances were rebuffed, Smith allegedly retaliated by orchestrating a significant demotion of the account handled ...

He Placated Regulators to Buy Paramount. But Can He Fix the Business?

Paramount’s cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the ...