Paramount Skydance

Premium Content

08/08/2024

Paramount to Slash 15% Workforce, Taking $6B Write-down

With Paramount moving toward its proposed merger with Skydance, management used its 2Q24 earnings call to announce a 15% reduction in workforce to help it achieve $500 million in annual run rate cost savings headed into 2025.

By Noah Ziegler

Found in: Paramount merger / Paramount Skydance / Paramount earnings / charter / Paramount / Skydance Media
Premium Content

06/11/2024

Paramount-Skydance Talks Fall Through

All eyes have been on Paramount controlling shareholder Shari Redstone as she pondered an $8 billion deal with David Ellison’s Skydance Media since last week, and now the Wall Street Journal reports Redstone has ended discussions.

By Cablefax Staff

Found in: Paramount / Shari Redstone / National Amusements / Skydance Media / David Ellison / Bain Capital / Edgar Bronfman Jr. / Steven Paul / Paramount Skydance

THE SKINNY

The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Carley Ashley, [email protected], for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.

Breaking News

Just Released: Cablefax’s 2024 Most Powerful Women MORE

The latest in:
Paramount Skydance

Paramount to Slash 15% Workforce, Taking $6B Write-down

Paramount-Skydance Talks Fall Through

The Daily

Spectrum News Recaps a Year of Growth

Calendar

Cablefax 100 Awards Nominations Open November 13th, 2024.

Jobs