News

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...
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Paramount Skydance CEO David Ellison Has Nothing But Praise For Taylor Sheridan Following Merger: “A Singular Genius With A Perfect Track Record”

Nothing but praise for the man that simply can’t miss.

GAMCO sues Redstone for allegedly short-changing Paramount investors in Skydance deal

(Reuters) -Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global ...

Paramount Skydance Strikes $7.7 Billion UFC Deal

Paramount Skydance said it will become the exclusive distributor of TKO Group's UFC events in a seven-year deal worth $7.7 ...

LISTEN: David Ellison and Paramount’s New Regime Meets the Media in New York and L.A.; Backstory on 10 Storytellers to Watch

On 'Daily Variety' podcast, analysis of the new Paramount team's media moments in New York and L.A.; plus the backstory on 10 ...

Skydance CEO David Ellison feels the heat, melts down while taking questions as ‘new Paramount’ press conference goes off the rails

Today marks Day One of a new Paramount,” David Ellison, new CEO of the merged Skydance and Paramount, said Thursday.

Paramount Skydance Says It Won’t Spin Off Cable Networks, But

The newly merged company’s C-suite execs acknowledge the stiff headwinds of that business and float possible streaming moves ...

Skydance’s Paramount Lands UFC Rights in $7.7 Billion Deal

Under the seven-year deal, UFC fights will be streamed on Paramount+ and select bouts will be simulcast on CBS.