In the memo, CEO David Ellison said the company is "phasing out roles that no longer align with the company's evolving ...

The news division is also closing its bureau in South Africa, as every corner felt the impact of the larger Paramount cuts.

A new report states that, should Paramount merge with Warner Bros. Discovery, Paramount's CEO intends to use AI to ramp up the number of films and TV shows produced by the combined studios per year.

The widely anticipated layoffs come just months after the Trump administration greenlit the creation of the company following ...

AP Business Writer (AP) — In long-awaited cuts just months after completing its $8 billion merger with Skydance, Paramount has begun layoffs set to impact about 2,000 employees.

According to a new report, should Paramount acquire Warner Bros. Discovery, the plan is to merge HBO Max into Paramount+, ...

MSNBC President Rebecca Kutler informed staff via internal memo that the network would implement the name change in about two weeks, Mediaite reported. The memo indicates that the split is moving full ...

Thousands of jobs will be axed at Channel 5’s American owner, Paramount, just weeks after the company was acquired by the ...