Paramount Global is slashing its U.S. workforce by 3.5% as it takes "hard, but necessary steps to further streamline" the company, according to a memo obtained by FOX Business.

Infighting inside Paramount has paralyzed Shari Redstone ... who has vast powers to regulate corporate activities. Bob Iger, the CEO of Disney, settled a libel action for $16 million with Trump ...

Studios celebrate their box office hits — unless it’s Paramount, where even success becomes opaque. Tom Cruise’s $400 million Mission: Impossible – The Final Reckoning was produced by Skydance Films ...

Viacom Chief Executive Philippe Dauman said a planned sale of a stake in Paramount Pictures has been delayed because of corporate infighting between the media giant and its controlling shareholder ...

A logo included in investor materials for the proposed Paramount merger with Skydance screams corporate synergy. A logo included in investor materials for the proposed Paramount merger with ...

citing concerns that controlling shareholder Shari Redstone and her holding company National Amusements had “usurped Paramount’s corporate opportunities.” At the time, ERSI said the ...

Paramount Global’s EVP, Chief Communications and Corporate Marketing Officer Julia Phelps will leave the company at the end of May. Her group — which encompasses Corporate Communications ...

Mr. Owens stunned the show’s staff on Tuesday when he said he would leave the highest-rated program in television news over disagreements with Paramount, CBS’s corporate parent, saying ...

Paramount Global’s chief communications and corporate marketing officer Julia Phelps is exiting her role at the end of May. In her two decades across multiple roles at the media conglomerate ...