News

Paramount Fires WPP Media, Its Longtime Agency Of Record, In Cost-Saving Move Amid Skydance Merger Review
EXCLUSIVE: In a move that blindsided many staffers, Paramount has fired its longtime media agency of record in a cost-saving ...
Paramount’s ‘South Park’ streaming deal is in limbo as Skydance merger drags on
Paramount wants to secure the rights to stream 'South Park,' but the deal still hasn't come to fruition as the Skydance deal ...
Paramount might still somehow screw up getting South Park's streaming rights
Anyway, The L.A. Times has a piece this week suggesting that streaming negotiations between Paramount and South Park creators ...
Paramount to cut 3.5% of its workforce amid economic, media challenges
Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in ...
Paramount to slash 3.5% of US staff in latest round of cuts: ‘Hard, but necessary’
The move follows a 15% reduction last year as part of a $500 million cost cutting plan. The company ended 2024 with 18,600 ...
Former FCC Commissioner Warns Paramount Will Be ‘Melting Ice Cube’ if Skydance Deal Collapses
The pending $8 billion merger has been stuck in regulatory limbo as the media giant fends off a $20 billion lawsuit from ...
Paramount Schedules Annual Shareholder Meeting, Sets Board Expansion Amid Skydance Merger Watch
Paramount Global has set its annual shareholder meeting for July 2, the latest sign that its merger with Skydance Media is ...
Paramount is laying off even more workers in its second downsizing effort in the past year
This is the second (or third, depending on how you count) round of layoffs for the company in the past year. Last August, ...
Matthew McConaughey to Reunite with Nic Pizzolatto for ‘Mike Hammer’ Film at Skydance
Skydance acquired the rights to the many books by Spillane and Collins with the plans to develop and produce the book series ...
Bob Costas: Trump’s attacks on the media are unlike anything in my lifetime
The free press is under attack,” Bob Costas said at an awards ceremony Monday evening. “Democracy as we know it is under ...
Paramount Global, With Skydance Deal and Trump Lawsuit Pending, Names Three New Board Members for Election at July 2 Annual Meeting
Paramount Global and controlling shareholder Shari Redstone had hoped to close the deal to merge the media company with Skydance Media by this point. But as the deal is still pending FCC approval, and ...