Consumer
Paramount Skydance to slash 1,000 jobs this week in first wave of mass layoffs
The firings mark the first major restructuring since Skydance Media completed its $8.4 billion merger with Paramount Global in August.
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Latest on Paramount Global
Newest firstConsumer
Paramount Skydance to cut 2,000 jobs starting final week of October: report
The layoffs follow the $8.4 billion merger between Skydance Media and Paramount Global, which closed in August.
Consumer
Friday Sector Laggards: Services, Utilities
Looking at the sectors faring worst as of midday Friday, shares of Services companies are underperforming other sectors, showing a 0.7% loss. Within the sector…
Consumer
FCC approves sale of CBS parent company Paramount
The Federal Communications Commission has approved the merger of two major media companies: Paramount Global and Skydance Media.
Consumer
Trump administration approves sale of CBS parent company Paramount
The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out all…
Consumer
FCC greenlights $8.4B sale of CBS parent Paramount to Skydance after Trump suit settled, DEI axed
The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media
Consumer
FCC approves Paramount-Skydance merger
Paramount Global and Skydance Media agreed to merge last year.
Consumer
Was canceling Stephen Colbert's 'Late Show' really about money? The numbers don't entirely back it up.
There is little in Paramount Global's recent earnings report to indicate that the finances of its television division had eroded so precipitously that jettison…
Consumer
'60 Minutes' correspondent who interviewed Kamala Harris got 'teary-eyed' after Trump lawsuit settlement: report
Paramount Global, CBS's corporate parent, agreed to pay $16 million to settle Trump's lawsuit over a "60 Minutes†interview that Whitaker conducted with Harr…
Consumer
Paramount's settlement with Trump could open the door to a Skydance deal
Paramount Global's $8 billion merger with Skydance Media has faced opposition from the Trump administration.
Consumer
Trump Scores $16M Payout From Paramount After Exposing Deceptively Edited Kamala Interview
President Donald Trump scored another victory on Tuesday as Paramount Global, the parent company of CBS News, agreed to a $16 million settlement in a lawsuit T…
Consumer
Paramount to reach a $16 million settlement over Trump's CBS lawsuit
Paramount Global will pay $16 million to settle President Trump's lawsuit over 60 Minutes' interview with former Vice President Kamala Harris - a lawsuit that…
Consumer
Trump Rejects $15M Settlement Offer From Paramount Over 'Deceitful' Kamala Interview
President Donald Trump is reportedly holding out on a $15 million settlement offer from Paramount Global, demanding more money and an apology. Paramount and Tr…
Consumer
CBS News quietly trims staff ahead of expected mass layoffs at struggling parent company Paramount Global: sources
"It's a streamlining move," a source close to the situation said.
Consumer
Noteworthy Tuesday Option Activity: PARA, VRTX, CF
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Paramount Global (Symbol: PARA), where a total…
Markets
How Will Paramount Global Stock React To Its Upcoming Earnings?
Paramount Global (NASDAQ:PARA) is set to report its earnings around May 8, 2025. Revenues are likely to decline by about 7% year-over-year to $7.13 billion, pe…
Markets
Paramount Global Stock Outlook: Is Wall Street Bullish or Bearish?
Paramount Global has underperformed the broader market over the past year, and analysts are cautious about the stock's prospects.
Consumer
Paramount Global Earnings Preview: What to Expect
Paramount Global is scheduled to report its first-quarter results next month, and analysts expect a double-digit earnings drop.
Consumer
Paramount Global Stock: Is PARA Underperforming the Communication Services Sector?
Paramount Global has underperformed the communication services sector over the past year, and analysts are cautious about the stock's prospects.
Consumer
CBS urges FCC to reject 'news distortion' complaint over '60 Minutes' Harris interview
CBS, which is owned by Paramount Global, said sanctioning the company over the interview "would blatantly violate the First Amendment by substituting the gover…
Consumer
Paramount ends DEI policies, cites Trump executive order
Paramount Global announced it is ending numerous diversity, equity and inclusion policies to comply with President Trump's executive order banning the practice.
Consumer
Paramount skids to a loss but says merger expected to close in first half as expected
Paramount Global Inc. swung to a loss in the fourth quarter despite marked growth in its streaming service, as the company said it was still on target to close…
Consumer
CBS and other Paramount channels to disappear from YouTube TV
CBS, Comedy Central and MTV are among the Paramount Global channels scheduled to go dark on YouTube TV Thursday night.
Consumer
Paramount, Skydance hit back after critics slam pending merger's potential liberal bias, foreign influence
Paramount Global and Skydance Media punched back at critics of their pending merger, saying that they fail to show they'll be harmed by the deal and instead th…
Consumer
Shari Redstone hopes relationship with Trump will seal Paramount-Skydance deal: report
Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC…