Paramount has initiated its first major round of layoffs following the company’s merger with Skydance, and the David Ellison regime has cut a number of executives across its television divisions. Paramount’s linear broadcast and cable networks were hit ...

New managers. Same old problems. Paramount Skydance said it posted a loss in the third quarter, crimped by dynamics that have plagued the company that controls CBS, Paramount+ and Comedy Central for the last few years. Two of its biggest sources of revenue ...

In widely expected job cuts after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees. Paramount initiated roughly 1,000 of those layoffs companywide on Wednesday (Paramount Skydance owns CBS News.

As Paramount is offering more than $100 billion in a hostile bid to acquire Warner Bros. Discovery, calls are emerging from Stephen Colbert and MS NOW’s Rachel Maddow for the Hollywood giant to “uncancel” CBS’s “The Late Show.” In July ...

Paramount is the latest company to join the bloodbath of layoffs this week. The entertainment giant began cutting around 1,000 workers on Wednesday, with twice that many pink slips expected in the days to come. In a memo to staff, new Paramount CEO David ...