Paramount begins mass layoffs ahead of Skydance merger

Paramount Global on Tuesday launched a deep round of job cuts, a move aimed at eliminating nearly 2,000 jobs by…

David Ellison agrees to buy National Amusements, majority shareholder of Paramount

Technology entrepreneur David Ellison has reached a preliminary agreement to buy the Redstone family holding company, National Amusements Inc., which…

Paramount Reveals Business Plan, Job Cuts as Sale Looms

Despite the potential sale of Paramount Global, majority shareholder Shari Redstone kicked off the company's annual investor meeting Tuesday by…