Early last year, when Paramount Theatre broke ground on its Stolp Island Theater, president and CEO Tim Rater estimated the ...

Skydance's CEO told the FCC this week that CBS would reflect "varied ideological perspectives" of U.S. viewers, while touting ...

Skydance Media Chief Executive Officer David Ellison met with Federal Communications Commission Chairman Brendan Carr on Tuesday appealing to the regulatory chief to approve his film studio’s pending ...

Stephen Colbert returned from vacation loaded for bear. The CBS late-night comic referred to the settlement between his ...

Members of Congress, including Elizabeth Warren, are speaking out after Paramount announced it is cancelling the "Late Show ...

The media industry is on the precipice of another landmark deal as Paramount Global and Skydance Media inch closer toward ...

CBS News parent Paramount Global has agreed to pay $16 million to resolve an extraordinary lawsuit filed by President Donald Trump over a “60 Minutes” news report last fall.

Paramount Plus with Showtime is getting a rebrand The Paramount Plus Premium tier will still feature Showtime programming, but it won’t feature the TV network’s name.

Paramount slashes jobs as streaming wars intensify Paramount said it is focused on 'reducing our headcount in finance, legal, technology and other support functions' ...

Paramount Global is laying off 3.5% of its US workforce in the latest round of cuts as the media giant struggles with steep declines in cable TV subscribers, the company said Monday.

Paramount Global said Tuesday that the entertainment and media company is cutting 3.5% of its workforce, citing challenges in the broader U.S. economy and in the linear television business.

Paramount’s board of directors has tapped BofA Securities as its financial adviser and Latham & Watkins LLP as its legal adviser for the strategic review.