A momentous couple of weeks for Paramount Global are underway. Its second-quarter earnings are due out today; the “go-shop” period in the $8B Skydance deal closes August 21; and a new round of ...
Paramount Global will cut $500 million in costs by the end of the year, and aims to have the bulk of them completed by the end of September, according to a memo from company management issued Tuesday.
Larry Ellison will be the majority shareholder of National Amusements Inc., which controls Paramount Global, once the Skydance deal closes.
This year, a cruel mirror image has appeared: a brutal season of layoffs. The entertainment industry is reeling from cuts at Paramount Global, which last week began a deep cost-cutting effort that ...
LOS ANGELES — Paramount Global launched a deep round of staff ... McCarthy and Robbins signaled that deep cost cutting was imminent. The layoffs come as CBS prepares to launch its new fall ...
Paramount Global (PARA.O) has begun laying off 15 per ... where changes are necessary to strengthen the business. The layoffs, which were announced during a post-earnings call last week, are ...
The news comes as Paramount Global also undergoes layoffs, marked by the striking decision to shut down Paramount Television Studios, which was announced Tuesday morning. The division is set to ...
Paramount Global has been making some changes in its structure and as a result, the media company has been doing major layoffs to save costs ahead of its merger with Skydance. In the latest ...
PRODUCER David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram heir Edgar Bronfman ...
Hollywood's fall season is filled with discontent instead of post-strike promise, as bleak as an Ingmar Bergman film.
Paramount Global will cut approximately 15% of its U.S.-based workforce in upcoming layoffs, co-CEO Chris McCarthy disclosed in an earnings call on Thursday. Skydance Media and RedBird Capital ...
