Major Paramount layoffs are beginning today, as CEO David Ellison seeks to reposition the company and shift financial resources toward what he and his executive team see as growth opportunities.

In early August, on the day when the bruising and drawn-out merger of Paramount and Skydance was completed, Chief Executive David Ellison promised “far-reaching changes” that would make the company ...

The new owners of Paramount want to quickly expand their media empire – with the recently flushed billionaire Larry Ellison and his son, David, preparing a bid to buy struggling rival Warner Bros.

Netflix and Comcast's signals of interest in WBD's streaming and studio assets and chatter around wildcard Amazon suggests M&A activity is just getting started.

In a post on X, formerly Twitter, Warren said, "One of Trump's billionaire buddies just bought Paramount. Now, he wants to buy Warner Bros," referring to Paramount Skydance (NASDAQ:PSKY) CEO Ellison.

“I do think there’s a lot of options out there that in terms of what actually might be actionable in the near future,” Ellison said. Any acquisition Paramount Skydance would pursue would be in the ...

Paramount Sports Entertainment will house Skydance Sports, develop scripted and unscripted programming, as well as interactive games and experiences. By Alex Weprin Senior Editor Paramount wants to ...