Paramount Says It Has “Air Tight” Financing, Promises Faster, More Certain Approval Than Netflix In Letter To WBD Shareholders

Paramount is taking its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the ...

Paramount Skydance’s David Ellison Sends Letter to Warner Bros. Discovery Shareholders Making Case for Why Its Bid Is Better Than Netflix Deal: ‘I Am Passiona…

Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why ...
The Hill

600 Paramount employees quit instead of returning to office full time

Paramount lost hundreds of employees ahead of plans to bring staffers back to the office in person five days a week, according to a presentation for company shareholders presented this week. The ...
Los Angeles Times

Paramount sheds another 1,600 workers as David Ellison team digs in

This is read by an automated voice. Please report any issues or inconsistencies here. David Ellison disclosed a workforce reduction of 1,600 people in South America, part of a divestiture of ...
NBC News

Paramount Skydance begins layoffs, plans to slash about 2,000 jobs

Paramount began a sweeping round of layoffs Wednesday, according to a memo from CEO David Ellison, just months after the Trump administration greenlit its controversial $8 billion merger with Skydance ...
The New York Times

Paramount to Lay Off 2,000 Employees

The job cuts are the result of a merger with Skydance, the Hollywood studio founded by David Ellison. By Benjamin Mullin Paramount on Wednesday began laying off more than 2,000 employees, a ...
The Washington Post

Paramount begins laying off 2,000 people months after Skydance merger

Paramount began laying off 2,000 people on Wednesday, two months after David Ellison’s Skydance bought the media company for $8 billion. In an email to staff, Ellison said the layoffs were designed to ...
CNN

Paramount begins steep layoffs as David Ellison reshapes the media giant

The new Paramount is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison promised investors when he took charge of the media company over the summer. Many ...
New York Post

Paramount Skydance to cut 2,000 jobs starting final week of October: report

Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of a $2 billion cost-cutting plan under new CEO David Ellison, Variety reported on ...
The Real Deal

Rithm Capital inks deal to buy Paramount for $1.6B

Paramount Group has officially snagged a buyer. Rithm Capital inked a deal to acquire the major office landlord for $1.6 billion. The mortgage servicer plans to acquire the outstanding shares of ...
NBC News

Paramount Skydance prepares blockbuster bid for Warner Bros. Discovery

Paramount is preparing to make a bid for Warner Bros. Discovery, a source familiar with the matter told NBC News. The news was previously reported by The Wall Street Journal and CNBC. High-profile ...
Reuters

Paramount appoints Meta executive Dane Glasgow as chief product officer

Sept 10 (Reuters) - Paramount said on Wednesday that Meta (META.O), opens new tab executive Dane Glasgow will join the media company as its chief product officer. In his new role, Glasgow will oversee ...