Paramount to lay off thousands of employees after Skydance merger; more cuts planned. Workforce reductions aim to achieve $2 billion in cost savings. Previous layoffs cut 15% of U.S. staff; Amazon ...

NEW YORK (AP) — Paramount will become the new home to Ultimate Fighting Championship events across the U.S. next year, through a seven-year agreement announced with TKO Group on Monday. The news comes ...

Sept 4 (Reuters) - Paramount Skydance (PSKY.O), opens new tab has entered into a three-year deal for the global distribution of films produced by Legendary Entertainment, beginning with a "Street ...

Paramount has launched a hostile takeover bid for Warner Bros. Discovery. The effort announced Monday initiates a potentially bruising battle with Netflix to buy the company behind HBO and CNN, along ...

Leah Lewis as Sarah Franklin and Kathy Bates as Madeline Matlock (Credit: Sonja Flemming/CBS) Executives at CBS Entertainment, Paramount+, MTV, BET and more have been hit in Paramount’s latest round ...

After Paramount Skydance’s across-the-board layoffs last week, TV Media chair George Cheeks unveiled a new leadership structure for the company’s cable brands. Cheeks, in a memo sent Tuesday to ...