Paramount Global is restructuring its TV-production business as part of a cost-cutting effort and what the company said were significant changes in the TV and streaming marketplaces. Paramount on ...

“As you’re all aware, Paramount Global has made the difficult decision to close Paramount Television Studios as part of the company’s broader restructuring plans,” Clemens wrote in a memo ...

Despite President Trump’s lawsuits targeting the Paramount-owned CBS and 60 Minutes, the company said in its earnings report that it expects its deal with Skydance to close in the first half of ...

Paramount said its Skydance deal was still “expected to close in the first half of 2025 ... Revenue from Paramount’s TV networks fell 13% to $4.5 billion. Ad revenue from TV fell 21% ...

Paramount Global said its direct-to ... led by Shari Redstone, looks to close the sale of the Hollywood studio to David Ellison’s Skydance. During the latest quarter to March 31, the company ...

Shari Redstone is so eager to close the sale of Paramount she has reportedly asked CBS News to hold sensitive stories about President Trump.

its TV networks, grappled with downturns in ad sales tied to comparisons with the year-earlier quarter, when a Super Bowl broadcast generated outsize revenue. The New York owner of CBS, Comedy Central ...