It’s official: Skydance Media’s deal to purchase CBS parent company Paramount Global for $8 billion is complete, and incoming ...

Just hours before David Ellison and the new regime at Paramount formally take over, Shari Redstone had a final message today ...

Paramount Global chair Shari Redstone sent a memo to staffers expressing her gratitude for their work -- and shared optimism ...

A full year after Paramount's board approved a deal for Paramount to merge with Skydance, that deal has finally closed, and ...

"When we announced our transaction with Skydance Media, I shared my confidence that Skydance had the vision and resources to ...

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

David Ellison as CEO and former NBCUniversal boss Jeff Shell as president are running the combined Hollywood company, looking ...

David Ellison’s Skydance Media has closed its $8 billion merger with Paramount Global to create new company Paramount ...

Shari Redstone will get $1.75 billion for her stake while her exiting C-suite executives will get eight-figure termination ...

The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.

Ellison spoke with CBS journalists on his first day, acknowledging the stresses of the past year and touting the importance of “fact-based journalism,” a person in attendance said.

Paramount Global chair and controlling shareholder Shari Redstone has just thanked investors and her company's co-CEOs. She ...