Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.

Skydance on Thursday said in a letter to Senate democrats that it has fully complied with all laws, a response to questions ...

Overall revenue grew by 1%, to $6.85 billion. Analysts polled by FactSet expected revenue of $6.87 billion. Stripping out ...

Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today’s shifting media landscape and uncertain economy. The latest round of ...

Aurora’s Paramount Theatre is scaling back theatrical productions in the wake of projected cuts in city financial support. ...

Paramount Global stock was rising ahead of Friday’s opening bell after U.S. regulators approved the entertainment company’s merger with Skydance Media. But questions remain for investors.

On June 2, Paramount Global (NASDAQ:PARA) confirmed the appointment of three new directors to boost its board strength to seven. Mary Boies, Charles Ryan, and Roanne Sragow Licht are joining the ...