The US Federal Communications Commission (FCC) has officially approved the $8.4 billion merger between Paramount Global and Skydance Media, clearing the final regulatory hurdle for a deal that had ...

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.

It's difficult to think of a media company that had quite a year like Paramount did. From a giant merger, a controversial settlement, a canceled late-night show to overhauling CBS News, Paramount had ...