Just hours before David Ellison and the new regime at Paramount formally take over, Shari Redstone had a final message today ...

Paramount Global chair Shari Redstone sent a memo to staffers expressing her gratitude for their work -- and shared optimism ...

Shari Redstone thanked Paramount investors and recalled its long history under her father, the late Sumner Redstone, as the ...

Private equity firms have been making moves in Hollywood for some time, but Redbird's stake in the Paramount deal is by far ...

"When we announced our transaction with Skydance Media, I shared my confidence that Skydance had the vision and resources to ...

Ellison spoke with CBS journalists on his first day, acknowledging the stresses of the past year and touting the importance ...

A full year after Paramount's board approved a deal for Paramount to merge with Skydance, that deal has finally closed, and ...

Today marks Day One of a new Paramount,” David Ellison, new CEO of the merged Skydance and Paramount, said Thursday.

David Ellison and his leadership team will take over the company next week, inheriting "a healthy business with a strong ...

David Ellison’s Skydance Media has closed its $8 billion merger with Paramount Global to create new company Paramount ...

Shari Redstone will receive $1.75 billion for her stake while her exiting C-suite executives will get eight-figure termination awards in addition to their annual salaries.

The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.