David Ellison, the new CEO of Paramount, pinned a major new deal for the media company he just took over. Paramount Skydance ...

CBS News staffers express cautious optimism as David Ellison prioritizes the news division during his inaugural visit as Paramount's new CEO.

The stock, which now trades under the ticker PSKY, could be a good cheap bet if new CEO David Ellison can spark a turnaround.