David Ellison, now at the helm of Paramount, is making big changes. He's focusing on streaming and cutting costs. The company aims to make $30 billion by 2026. They also plan to save $3 billion, up from the earlier $2 billion target. In the latest quarter, Paramount made $6. 7 billion. But they sti
A former top executive at Paramount has taken the company to court. He says he was fired because of his age and race. Joseph Jerome, 58, worked at Paramount for many years. He believes the company's diversity policies led to his dismissal in 2024. Jerome claims he and two other white lawyers were l
Jon Stewart is sticking around "The Daily Show" a bit longer. He's agreed to keep hosting on Mondays until December 2026. This means he'll be there for the next big elections, giving his take on the political scene. This news comes after some big changes at Comedy Central. The network's parent comp
In the high-stakes game of media mergers, Warner Bros. Discovery (WBD) is at the center of attention. The latest development? David Ellison might be stepping down if Paramount Skydance (PSKY) wins the bidding war. This unexpected turn has investors buzzing, with shares climbing nearly 1. 5% on Thurs
CBS News is making big changes. They are stopping their streaming shows, CBS Mornings and CBS Evening News. The Saturday morning show is also getting a big update. This is part of a larger plan that will affect almost 100 people working there. The news about the changes came out on Wednesday. It's
Paramount has started letting go of about 1, 000 workers. This is part of a bigger plan to cut costs and reshape the company. David Ellison, who now leads Paramount, said these changes are needed to make the company stronger in the long run. The cuts are happening in many parts of the company. This
Jon Stewart, the well-known comedian and host of The Daily Show, has made it clear that he isn't planning to leave his role anytime soon. During a recent discussion at the New Yorker Festival, Stewart mentioned that he and his team are actively working on extending his contract, which is set to expi
A group of over 4, 000 actors and filmmakers, including some big names, made a promise. They said they wouldn't work with Israeli film studios. They believe these studios support actions against Palestinians. This group includes stars like Olivia Colman, Emma Stone, and Mark Ruffalo. They compared
A huge media deal just got the thumbs up from the FCC. Paramount Global and Skydance Media are set to join forces after a long wait. The FCC approved the transfer of 28 local TV stations, clearing the last hurdle for this $8 billion merger. The FCC voted 2-1 to approve the deal. The only no vote ca
A new crime drama has taken the streaming world by storm, and it's not from the usual suspects. MobLand, a show about rival crime families in North London, has become a massive hit for Paramount+. The series, which started on March 30, had the biggest premiere in the platform's history with 2. 2 mil
