News

'60 Minutes' Addresses EP Bill Owens' Departure in On-Air Segment: "Paramount Began to Supervise Our Content in New Ways"
Sunday's 60 Minutes ended by addressing executive producer Bill Owens' surprise departure last week. In the show's "The Last ...
Ousted Paramount CEO Bob Bakish Received $69.3 Million in Severance
Bob Bakish received $69.3 million in severance compensation after he was dismissed by Paramount Global as CEO in April 2024.
FCC, Paramount Start Talks Around Skydance Merger
The Federal Communications Commission has been in contact with Paramount Global about steps needed for the agency to approve ...
Paramount Ex-CEO Bob Bakish’s 2024 Pay Jumped 178% to $86.96 Million
George Cheeks, Brian Robbins and Chris McCarthy, who were promoted to co-CEOs last April, received pay of $22.2 million, ...
Paramount Stock (NASDAQ:PARA) Jumps as FCC Hurdle May Fall
The merger between entertainment giant Paramount (PARA) and Skydance has been on a razor’s edge for the last few months.
Bob Bakish was ousted by Paramount after clashing with Shari Redstone and he still got rewarded with a $69.3 million golden parachute
Bob Bakish, the chief executive who was ousted by Paramount in April 2024 in the midst of contentious takeover battle, was ...
Paramount Shareholder Mario Gabelli Seeks ‘More Equitable Distribution’ of Shari Redstone’s Payout in Skydance Merger
A Delaware court ruled earlier this month that the investor has a "credible basis to suspect wrongdoing” in the $8 billion ...
Paramount, CBS settle discrimination lawsuit over DEI policies punishing straight White males
CBS and Paramount Global settled a lawsuit with a former “SEAL Team" script coordinator who alleged the company discriminated ...
Crain's New York Business2d
BlackRock appears to sell shares in Paramount Group
BlackRock, which manages $11.6 trillion in client assets, reported its stake in Paramount was 9.7%, according to the filing ...