Paramount Skydance may raise bid for Warner Bros. Discovery
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Paramount has launched a new round of layoffs affecting staff across CBS Entertainment, MTV, BET, and other divisions, The Wrap reports. The cuts, which began Oct. 29, are part of the company’s restructuring under new CEO David Ellison following its ...
CBS News has hired a new editor-in-chief as Paramount acquires one of the country's largest independent media companies. Paramount announced on Monday, Oct. 6 that it will acquire The Free Press, an independent digital media company established in 2021.
Paramount to lay off thousands of employees after Skydance merger; more cuts planned. Workforce reductions aim to achieve $2 billion in cost savings. Previous layoffs cut 15% of U.S. staff; Amazon also reported 14,000 job cuts. Some employees at Paramount ...
Former Paramount Streaming Chief Strategy Officer Jeff Shultz will take over as the new CEO of Radial Entertainment starting Jan. 1, 2026, the global entertainment company that manages FilmRise and Shout! Studios announced on Tuesday.