News

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

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

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 Lays Out Post Merger Plans: 'Painful' Layoffs, More Movies In Theaters, No Cable Spin-Offs

Paramount Skydance plans on job cuts and creating more content for future growth. Here's a look at the company's new vision.

Paramount says streaming movies are "not a priority" at the studio and is instead going all-in on Top Gun 3, Star Trek and a new World War Z movie

To that end, Paramount is outright rejecting the streaming approach of some of its competition, instead opting to embrace the ...

The Duffer Brothers in Talks to Depart Netflix for Paramount

Two of Netflix’s most valuable players may be heading to Paramount. Matt and Ross Duffer are eyeing an overall deal at the ...

These Stocks Are Moving the Most Today: Bullish, Coherent, Deere, Tapestry, Cisco, TeraWulf, Advance Auto Parts, and More

Stocks were mostly lower on Thursday after wholesale inflation picked up more than expected in July.These stocks were making moves Thursday:Bullish, the crypto exchange and owner of CoinDesk, was up 8 ...

Paramount to prioritize theaters

“One of our biggest priorities is restoring Paramount as the No. 1 studio for filmmakers and talent in the world,” Paramount ...