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Paramount Global and Skydance Media punched back at critics of their pending merger, saying that they fail to show they'll be harmed by the deal and instead their demands threaten free speech ...
To help save $500 million, Paramount is shuttering its namesake studio, producer of Amazon’s 'Reacher' and Apple’s 'Time Bandits.' But not to worry, they still have two left.
Paramount Global PARA-0.16%decrease; red down pointing triangle is restructuring its TV-production business as part of a cost-cutting effort and what the company said were significant changes in ...
Paramount is shutting down its TV studio as part of a new wave of layoffs. Paramount’s next round of major layoffs will see the studio’s TV division folded into the larger CBS Studios umbrella.
Paramount's TV studio has produced top series like Netflix's "Thirteen Reasons Why," Amazon's "Reacher" and Apple's "Defending Jacob." The stock traded flat on the heels of the news.
Paramount is laying off 15% of its staff, or about 2,000 people, in a major cost-cutting move aimed at finding $500 million in annual savings. Paramount shutters television studio, begins major ...
A head of its upcoming merger with Skydance Media, Paramount is winding down its TV production studio as part of a larger restructuring effort that will put 15% of its current workforce out of jobs.
Paramount has agreed to pay $16mn to settle President Donald Trump’s $20bn defamation lawsuit against its CBS News division, potentially clearing an obstacle as Shari Redstone seeks to move ahead with ...
Paramount Global has announced the closure of its namesake TV studio as part of a restructuring effort that also includes cutting 15% of its U.S. workforce.
Paramount, the parent company of BET, MTV and the Paramount film studio, said on Wednesday that it was rethinking its approach to diversity, equity and inclusion amid a broader backlash toward D.E ...
Paramount's total third-quarter revenue of $6.73 billion missed expectations of $6.95 billion, according to data compiled by LSEG. Its filmed entertainment business revenue dropped 34%.