Paramount and Donald Trump have officially settled their long-running dispute over a 60 Minutes segment. The studio will pay the current U.S. president $16 million, a move that may pave the way for ...

Tech billionaire Larry Ellison will control CBS parent Paramount Global after Skydance Media completes its purchase of the Redstone family’s interest in the film and TV company, according to a report.

Paramount Global has opened acquisition negotiations with Sony and Apollo, The New York Times reported Sunday, after exclusive merger talks with Skydance lapsed Friday and the company continues to ...

Paramount cut approximately 1,000 jobs on Wednesday, with another 1,000 expected "swiftly" in a massive headcount reduction designed to address "redundancies that have emerged" after the company’s $8 ...

Sony Pictures and private equity firm Apollo Global Management have submitted a $26 billion offer for Paramount Global, The Wall Street Journal reported Thursday, the latest bid for the entertainment ...

New York — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of streaming ...

Paramount Global’s months-long M&A drama may soon be coming to a conclusion. Now, the deal awaits approval by Shari Redstone, non-executive chair of Paramount Global, whose National Amusements Inc.