Though the new year has almost passed its first full fiscal quarter, media layoffs across the entertainment industry have ...

Paramount Global and Skydance Media have reached the end of their long and winding merger road, announcing the close of their ...

While Bakish did not specify the number of layoffs, sources familiar with the matter told CNN around 800 employees, or roughly 3% cut of the company's workforce, will be affected.

As of Dec. 31, 2024, according to Paramount’s most recent 10-K, the company had about 18,600 full- and part-time employees in 32 countries worldwide (so the headcount is lower today).

New leadership of post-merger Paramount greeted a few dozen journalists and opened the floor to questions as the merger closed.

Shari Redstone will receive $1.75 billion for her stake while her exiting C-suite executives will get eight-figure ...

Private equity firms have been making moves in Hollywood for some time, but Redbird's stake in the Paramount deal is by far ...

Paramount and Skydance finalize $8.4B merger, launching “Paramount, A Skydance Corporation” to reshape the future of ...

Paramount Global to lay off 800 employees after record Super Bowl ad revenue and ratings By Liam Reilly, CNNWire Tuesday, February 13, 2024 ...