News

Paramount Golden Parachutes: Exiting Co-CEOs Chris McCarthy, Brian Robbins to Get $18 Million Payouts

Shari Redstone will get $1.75 billion for her stake while her exiting C-suite executives will get eight-figure termination ...

Shari Redstone Highlights Paramount+ Growth and CBS Ratings 'Wins' in Skydance Merger Exit Letter

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

Shari Redstone’s Farewell Message to Paramount Employees: ‘I Will Be Cheering for You, Always’

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

Paramount film chief Brian Robbins exits ahead of Skydance takeover

Robbins led the storied Paramount Pictures since 2021. His exit was expected as Skydance intends to install a new film team.

New Paramount's David Ellison, Jeff Shell Eligible for Minimum Salaries of $3.5 Million, Bonuses of $1.5 Million

New Paramount CEO David Ellison and president Jeff Shell will be eligible for salaries of no less than $3.5 million and an ...

FCC greenlights $8.4B sale of CBS parent Paramount to Skydance after Trump suit settled, DEI axed

The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media ...

Shari Redstone's Short & Sweet-ish Paramount Exit Memo, As Skydance Takes Over Thursday: "It Is Not Easy To Step Away"

Just hours before David Ellison and the new regime at Paramount formally take over, Shari Redstone had a final message today for staff at the media company her father took over nearly 30 years ago.