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 gets green light for $8 billion merger. But what is the psychic cost for company?
With this week’s FCC approval, the merger between Paramount Global and Skydance Media is expected to be completed in the ...
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 ...
Paramount and Skydance merger approved and Trump visits Powell at Federal Reserve: Morning Rundown
Plus, Hulk Hogan, the pro wrestler who brought the sport to new heights of mainstream popularity, died at the age of 71.
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 ...
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 ...
Trump's FCC Head Reacts To Paramount Merger Criticism: 'Time For A Change'
FCC Chairman Brendan Carr was asked to respond to criticisms of the Trump administration's intervention in the free press.