News

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

Investor Mario Gabelli Sues Shari Redstone’s National Amusements Inc. Alleging ‘Unfair and Inequitable’ Terms in Paramount-Skydance Merger

Mario Gabelli's GAMCO sued Shari Redstone's National Amusements Inc., alleging NAI's deal to merge Paramount and Skydance had ...

GAMCO sues Redstone for allegedly short-changing Paramount investors in Skydance deal

Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global shareholders ...

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 ...
The New York Sun1d

Redstone Sued Over Paramount-Skydance Merger as Angry Investors — and Outraged Liberals — Vent Over Messy Transaction, Bullying of CBS News

The lawsuit alleges there was an ‘unfair and inequitable’ payout for shareholders.

Paramount Skydance Says It Won’t Spin Off Cable Networks, But

The newly merged company’s C-suite execs acknowledge the stiff headwinds of that business and float possible streaming moves ...

Paramount, Skydance complete $8 billion merger as FCC continues CBS probe

Skydance Media and Paramount Global completed their $8 billion merger as the FCC continues investigating CBS News for alleged ...
KCRW21h

New Paramount brass announces a seven year, $7.7 billion UFC grab

Paramount’s new leadership team springs immediately into action with an ambitious film slate and a muli-billion dollar UFC ...