News

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

Paramount Skydance Shares End Roller-Coaster, Memestock-Fueled Week Up 30%, Boosting Market Cap by $2 Billion

Paramount Skydance, over its first full week on the stock market under new owners, saw its stock jump 30% — and boomed as ...

Paramount Skydance Strikes $7.7 Billion UFC Deal

Paramount Skydance said it will become the exclusive distributor of TKO Group's UFC events in a seven-year deal worth $7.7 ...

Skydance CEO David Ellison feels the heat, melts down while taking questions as ‘new Paramount’ press conference goes off the rails

Today marks Day One of a new Paramount,” David Ellison, new CEO of the merged Skydance and Paramount, said Thursday.

GAMCO sues Redstone for allegedly short-changing Paramount investors in Skydance deal

Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global shareholders ...

Paramount Skydance Merger Finally Closes

Paramount Global and Skydance Media have reached the end of their long and winding merger road, announcing the close of their ...

Paramount, Skydance complete $8 billion merger as FCC continues CBS probe

Skydance Media and Paramount Global completed their $8 billion merger as the FCC continues investigating CBS News for alleged ...