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Paramount Global

Paramount TV Studios Shutting Down Amid Major Restructuring, Layoffs

Paramount Global is shutting down its namesake TV studio as the company embarks on a major round of layoffs. Paramount Television Studios will cease operations...

Nickelodeon, Paramount+ Marketing Exec Sabrina Caluori Exits

A second top marketing executive is departing Paramount Global. Sabrina Caluori, executive vp kids and family marketing for Nickelodeon and Paramount+, is leaving the company....

Paramount to Cut 15 Percent of U.S. Workforce in Major Layoff Plan

Paramount continued to push forward on its $500 million cost-savings plan and goal of reaching sustained profitability in streaming by 2025, in the company’s...

Sony Says a Deal For Paramount “Does Not Fit Well With Our Strategy”

Even though Shari Redstone has inked a deal with David Ellison’s Skydance Media to relinquish control of Paramount Global, the company has until Aug....

Paramount Has Until Aug. 21 to Mull Other Takeover Bids During “Go-Shop” Window

Paramount Global’s “go-shop” window, or the period in which the company can evaluate any other takeover offers, ends Aug. 21, according to securities filing...

CBS News President Ingrid Ciprian-Matthews to Exit, Shifts to Advisor Role Through 2024 Election

CBS News president Ingrid Ciprian-Matthews will exit the company, after a year running the broadcast news division. The executive will shift to a role as...

Credit Agencies Warn That Paramount’s Legacy Businesses Are a Concern, Despite Skydance Deal

The credit agencies are weighing in on Paramount Global, fresh off the deal that would hand control over the entertainment giant to David Ellison’s...

Paramount Analyst Downgrades Stock, Citing Lack of Breakup, Skydance’s “Lofty” Cost-Cutting Target

“Maybe We Have Different Dreams.” That was the headline of Wolfe Research analyst Peter Supino’s Tuesday report, in which he downgraded his stock rating...

What Now for Paramount? How Things Will (or Won’t) Likely Change

Skydance‘s deal to take control of Paramount Global will mean a change in leadership at the company, something the storied studio has dealt with...

Paramount Stock Drops 5% On Skydance Merger News

Paramount Global stock fell 5% on Monday as investors absorbed details of the company’s merger agreement with Skydance Media. The companies are targeting a...

Jeff Shell and David Ellison Dish on Paramount Plans: It’ll Be “Creator-Friendly Again”

Late Sunday night, after the consortium led by David Ellison’s Skydance sealed the deal to ultimately gain control of Paramount Global, Ellison spoke with...

Skydance-Paramount Deal: How Wall Street Views the Details So Far

After months of back-and-forth, Shari Redstone has finally agreed to sell control of Paramount Global to a consortium led by Skydance Media, led by David Ellison, and RedBird...

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