Paramount News & Updates

[Sushubh]

Paramount agrees to pay $16 million to settle Trump's CBS ‘60 Minutes' lawsuit

President Trump had filed a $20 billion lawsuit claiming a ‘60 Minutes' interview with then-Vice President Kamala Harris was manipulated to show her in a flattering light. Trump alleged the news interview was "election-threatening."

www.latimes.com

 

[Sushubh]

For Paramount, Hundreds of Job Cuts Loom Once Skydance Merger Is Completed

With the FCC clearing the Skydance-Paramount deal, Paramount employees are bracing for another major round of layoffs.

variety.com

 

[Sushubh]

Tom Ryan Departing As President & CEO Of Paramount Streaming As Skydance Sets New Team

Tom Ryan, President & CEO, Paramount Streaming, will be exiting the company following the merger with Skydance as David Ellison sets his new team.

deadline.com

 

[Sushubh]

Skydance Closes $8 Billion Paramount Acquisition: ‘Today Marks Day One of a New Paramount,’ David Ellison Says

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

variety.com

A Message From Our Chairman and CEO | Paramount

www.paramount.com

Paramount is now a Skydance Corporation

The newly-merged companies are getting ready for a massive restructuring.

www.theverge.com

 

[Sushubh]

PARAMOUNT AND TKO ANNOUNCE HISTORIC UFC MEDIA RIGHTS AGREEMENT

New Paramount Weighing All Streaming Options, CEO David Ellison Says, In Charting A Tech-Forward Path

Paramount CEO David Ellison emphasized the tech-forward stance Thursday, saying Paramount is "open for business" in streaming after the Skydance merger.

deadline.com

 

[Sushubh]

Paramount Layoffs Will Be “Painful” But One & Done, Jeff Shell Promises; David Ellison Keeps Timeline Private For Now

Looking to save $2 billion, everybody knows David Ellison’s Paramount is going to have to make some deep cuts & now we know how they will be coming

deadline.com

 

[Sushubh]

Paramount Job Cuts In Excess Of 2,500 Coming In November, With Cost Savings To Exceed $2 Billion

Paramount job cuts under the new Skydance regime are coming in an effort to exceed $2 billion in efficiencies. 2,500 to 3,000 to be eliminated.

deadline.com

Duffer Brothers Close 4-Year Film, TV & Streaming Megadeal With Paramount, Set Netflix Exit

The Duffer brothers are officially coming over to the Melrose Ave lot in a wide-ranging four-year, exclusive deal for films, television and streaming.

deadline.com

 

[Sushubh]

Will Smith Sets First-Look Film Deal at Paramount

Smith’s Westbrook banner will develop and produce four-quadrant theatrical movies for the David Ellison-owned studio.

www.hollywoodreporter.com

 

[Sushubh]

Paramount Never Made Taylor Sheridan an Offer to Stay: How TV’s Biggest Partnership Fell Apart

David Ellison has the deepest pockets in Hollywood. Sheridan has the best track record in streaming. Why the most obvious deal in TV didn't happen.

www.hollywoodreporter.com

 

[Sushubh]

Feelings Don’t Matter: How the Ellison Era Is Transforming Paramount

It’s a brand-new day at the legacy studio, where prestige films are out, testosterone-heavy tentpoles are in and Brett Ratner is back on the call sheet.

www.hollywoodreporter.com