News

Paramount eyes epic ‘bloodbath’ of job cuts in early November after Skydance merger

The media giant is targeting early November for what one insider called an epic “bloodbath” — a massive round of layoffs ...

Paramount and Skydance close their $8 billion merger, kicking off reign of new entertainment giant

Skydance and Paramount officially closed their $8 billion merger on Thursday — kicking off the reign of a new entertainment ...

Skydance Closes $8 Billion Paramount Acquisition: ‘Today Marks Day One of a New Paramount,’ David Ellison Says

David Ellison’s Skydance Media has closed its $8 billion merger with Paramount Global to create new company Paramount ...

Legendary In Talks For Global Theatrical Output Deal With Skydance-Owned Paramount – The Dish

Legendary, the producers of Dune and Monsterverse movies, is in talks with the new Paramount being led by CEO David Ellison.

Nokia sues Paramount over US video-streaming patents

Finnish tech company Nokia has sued Paramount Skydance in Delaware federal court for allegedly infringing several patents ...

Paramount Skydance Shares End Roller-Coaster, Memestock-Fueled Week Up 30%, Boosting Market Cap by $2 Billion

Paramount Skydance, in its first full week on the stock market under new owners, saw its stock jump 30% -- but what triggered ...

Shari Redstone breaks silence on 'no-brainer' $16M Trump settlement that preceded Paramount-Skydance merger

Shari Redstone, the longtime media executive behind CBS and Paramount Global, was "blown away" by the terms of the ...

Paramount UK Chief Ben Frow Says Channel 5 Won't Be Sold After Skydance Merger

Ben Frow has pledged that UK network Channel 5 will be backed in a new era for Paramount. In his first public comments since ...