During a press conference, new Paramount President Jeff Shell backed last month's decision to cancel "The Late Show with ...

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

The new owners of the venerable studio, now trading as PSKY, have seen a volatile stock rally of 30 percent over two days.

(Reuters) -Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global ...

Paramount Skydance plans on job cuts and creating more content for future growth. Here's a look at the company's new vision.