Upon the deal’s closing, Skydance and its financial partners are set inject $1.5 billion in cash into Paramount. However, ...

The FCC approves the Paramount-Skydancer merger. Intel announces more job cuts amid steep revenue losses. Amazon warns Prime ...

The job cuts come as Paramount Global, parent of CBS, Paramount+, Comedy Central, MTV, Paramount Pictures and more, is still waiting for approval from the Trump administration’s FCC for its deal ...

The job cuts are part of the 3.5% U.S. workforce reduction that Paramount Global announced June 10, which sources said affected several hundred employees.