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 ...
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 ...
Larry Ellison will be the majority shareholder of National Amusements Inc., which controls Paramount Global, once the Skydance deal closes.
Paramount Global started cutting some of its workers ... said during the media company’s earnings call last week that the layoffs will be "primarily focused on two areas: first, redundant ...
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’s decision to shutter its namesake ... are continuing to lead the company and are the ones seeing through the current layoffs. (CBS Studios falls under Cheeks’ purview ...
“The set of assets that make up Paramount Global today were built up through ... with plans for the layoffs to be 90% completed by the end of September. Paramount reported a market cap of ...
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 ...
