Warner Bros. stock jumps more than 25% following Ellison takeover report
Warner Bros. Discovery stock jumped more than 25% Thursday morning after a report that the Larry Ellison-backed Paramount was preparing a cash bid to buy…
Paramount’s David Ellison tells employees to return to the office
In one of his first company-wide directives, Paramount Chief Executive David Ellison announced that employees must work in the office five days a week, beginning…
Paramount lands UFC rights in $7.7-billion streaming and TV deal
In a major early move under new ownership, Paramount acquired the media rights to UFC’s mixed martial arts events in the U.S., the company said…
New boss of Paramount grilled about rumored Trump deal
David Ellison finally clinched his prize Thursday, completing Skydance Media’s $8-billion takeover of the historic Paramount.But the tech scion immediately faced questions about President Trump’s…
CBS News names veteran producer Tanya Simon to lead ‘60 Minutes’
While “60 Minutes” will soon have a new owner, the CBS newsmagazine’s next executive producer is coming from inside the family.Tanya Simon, a 25-year veteran…
DEI is dead at Paramount, David Ellison’s Skydance promises FCC
David Ellison’s Skydance Media pledged to abandon all diversity, equity and inclusion programs at Paramount Global in an attempt to win government approval for its…
How Paramount’s $16-million Trump settlement came together
By early spring, Paramount Global was in crisis. President Trump wouldn’t budge from his demand for an eye-popping sum of money and an apology from…
Trump endorses Paramount merger with David Ellison’s Skydance
President Trump has endorsed David Ellison’s takeover of Paramount Global — an $8-billion merger that has been complicated by his $20-billion lawsuit over CBS’ “60…
Trump, ‘60 Minutes’ and corruption allegations put Paramount on edge with sale less certain
One fateful October decision to trim two convoluted sentences from a “60 Minutes” interview with then-Vice President Kamala Harris has snowballed into a full-blown corporate…
’60 Minutes’ calls out Paramount Global over executive producer departure
“No one here is happy.”That was the message from “60 Minutes” correspondent Scott Pelley at the end of Sunday’s program, in which he paid tribute…
’60 Minutes’ executive producer Bill Owens resigns
Bill Owens, the beleaguered executive producer of “60 Minutes,” resigned Tuesday.Owens had been fighting efforts at CBS parent Paramount Global to settle a $20 billion…
Paramount, YouTube TV strike deal, averting CBS outage
Google’s YouTube and Paramount Global have struck a new distribution contract, averting a threatened blackout of CBS and other television channels for nearly 8 million…
CBS and other Paramount channels stay on the YouTube TV service for now
Paramount Global and Google’s YouTube TV agreed to a short-term contract extension late Thursday, keeping CBS and other networks available as the two media companies…
David Ellison to control family’s Paramount stake after deal
Movie producer David Ellison will control his family’s stake in Paramount Global once his Skydance Media completes its merger with the larger movie and TV…