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.
Paramount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter ...
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 ...
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 ...
Paramount Global will cut $500 million in costs by ... take as much as $300 million to $400 million in charges related to layoffs that would predominantly come from its marketing and ...
