Yahoo

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

Paramount Skydance’s top executives aren’t looking to follow moves by NBCUniversal and Warner Bros. Discovery to spin off their company’s cable channels into a separate entity. That should not, ...
New York Post

Paramount slashing thousands of jobs, writes down value of cable networks by $6B

Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced it would cut 15% of jobs on Thursday, even as the company’s streaming business reported its first ...

Paramount’s Latest WBD Bid Is Family Business

Looks like Paramount CEO David Ellison channeled his inner Veruca Salt and said, “I want it now, Daddy.” On December 22, ...
Los Angeles Times

How a negotiation over cable fees could weigh on Paramount’s sale

Paramount Global’s sale talks with David Ellison’s Skydance Media face a milestone later this week, but the battered Redstone family-controlled media company has been scrambling to meet another ...
Awful Announcing

Paramount writes down value of cable networks by nearly $6 billion

During its Thursday earnings call, Paramount Global revealed a stunning write-down of nearly $6 billion to the value of its cable networks. Paramount’s write-down comes a day after Warner Bros.