Paramount has initiated its first major round of layoffs following the company’s merger with Skydance, and the David Ellison regime has cut a number of executives across its television divisions.

Paramount TV Studios is reorganizing its leadership team amid the mass layoffs at Paramount following its merger with Skydance. Matt Thunell, head of Paramount TV Studios, announced the news in a memo ...

NEW YORK — Paramount on Monday launched a hostile takeover offer for Warner Bros. Discovery, initiating a potentially bruising battle with rival bidder Netflix to buy the company behind HBO, CNN and a ...