To help save $500 million, Paramount is shuttering its namesake studio, producer of Amazon’s 'Reacher' and Apple’s 'Time Bandits.' But not to worry, they still have two left. By Rick Porter ...

David Ellison will soon take over as the entertainment giant’s CEO — but his mogul father, Larry, put in the $6 billion to ...

The billionaire Oracle co-founder will own 77.5% of National Amusements, according to a regulatory filing with the FCC.

Paramount+ is looking into new ways to make money as it prepares for its upcoming merger with Skydance. The merger between ...

Larry Ellison will be the majority shareholder of National Amusements Inc., which controls Paramount Global, once the Skydance deal closes.

Paramount Global's advertising group conducted layoffs as part of the media conglomerate's efforts to slash $500 million in annual costs ...

Pluto TV and the Paramount lot, which would be leased back for the studio’s use. In addition to divesting assets, McCarthy, Brian Robbins and George Cheeks have also previously said they’re in ...

Overall, CBS has faced significant financial issues, particularly after unveiling its streaming service, Paramount+. Facing ...

Paramount, the owner of Paramount Pictures movie studio, the CBS television network and CBS News, had included the 45-day go-shop period, a window when it would consider competing offers ...

Time Bandits premiered July 24. Apple TV Plus called it “an unpredictable journey through time and space with a ragtag group ...

Paramount Australia and BBC Studios Production Australia are to produce a localized Australian version of British light drama format “Ghosts.” It will play on the Paramount-owned Network 10 ...

Paramount+ is a streamer-come-lately that does not get as much attention (or eyeballs) as its better-funded, more established competitors. But the studio has dug into its vault to ...