Oracle chairman and co-founder Larry Ellison, the father of Paramount Global's new owner David Ellison and a major investor in the media company after its merger with Skydance, just saw his wealth soar by over $100 billion. The company reported stellar earnings late Tuesday with a massive…

Justin Dini, who steered communications at Viacom and then continued to lead that corporate function amid multiple mergers, transactions, controversies and rebrandings, is departing the company. Dini joined Viacom in 2017 after a stint at blue-blood corporate communications firm Brunswick…

EXCLUSIVE: SkyShowtime is taking viewers back to the Homicide Department of the Warsaw Metropolitan Police for the first time in over a decade and has set launch plans for The Cop. A New Chapter (Glina. Nowy rozdział). The continuation of the show is much anticipated, 17-years after it was last on…

Paramount Global and Skydance Media have finally reached the end of their long and winding merger road, announcing the close of their $8.4 billion combination and opening a new chapter for Hollywood. The newly combined company is officially known as “Paramount, A Skydance Corporation,” according…

Tom Ryan, President & CEO, Paramount Streaming, is departing following the merger with Skydance Media as the David Ellison company sets its new management team. A trailblazer in the streaming industry who led the creation and growth of Pluto TV and Paramount+, Ryan will support Cindy Holland…

Paramount Global chair and controlling shareholder Shari Redstone thanked investors and her company's co-CEOs on Thursday during the company’s abbreviated earnings call ahead of its merger with Skydance Media that closes next week. She recalled her father, the late Sumner Redstone, who grew…

Paramount Global reported its last set of financials under Redstone family ownership with a massive jump in theatrical revenue (up 84%) from Mission: Impossible – The Final Reckoning last quarter. Released May 23, it's grossed nearly $600 million worldwide. Crime drama MobLand on Paramount+ and…

UPDATED with internal memo: Paramount Global’s co-CEOs told employees Friday that they expect an August 7 closing date for the company’s merger with Skydance, praising staffers’ efforts during the grueling process of getting the deal done. The companies had earlier confirmed the expected closing…

UPDATED with closing stock price: Shares of Paramount Global surrendered early gains Friday, closing down 1.6% at $13.05. They initially got a bit of a pop from the FCC’s long awaited approval of the merger wtih Skydance Media. But investors remain cautious as the combined entity’s basic strategy on…

After a long, complicated slog toward Thursday’s FCC approval, Paramount Global and Skydance Media will now face a number of tricky questions in becoming one company. While the $8 billion-plus transaction will need a few more days to become official, several strategic dilemmas already have been…

Chris McCarthy, co-CEO of Paramount Global and president of Showtime/MTV Entertainment, is expected to depart the company once its acquisition by Skydance is completed early next month. The exit of McCarthy, a 22-year veteran of Paramount Global and predecessor Viacom, will become official once…

Listen up, fartknockers: The coolest uncool kids on the block are back. Comedy Central deployed the first trailer today for Season 3 of Mike Judge’s Beavis and Butt-head and set its premiere for September 3. Have a look above. Series creator, writer, producer and voice provider Mike…