Paramount Global Class A Stock News

Paramount Global told employees it would be reducing its workforce by 3.5% and that the majority of the impacted staff would be alerted on Tuesday. It's the latest round of layoffs at the media company as it contends with cord-cutting and prepares to merge with Skydance Media.

Paramount Global said its chief financial officer Naveen Chopra is departing “to pursue other opportunities” as the company still awaits FCC approval for the merger with Skydance it announced almost a year ago.

NEW YORK , June 9, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA), today announced that Naveen Chopra, Executive Vice President and Chief Financial Officer, is departing to pursue other opportunities. Andrew Warren, currently Strategic Advisor to the Office of the CEO and former Chief Financial Officer of Discovery Communications, will assume the additional role of Executive Vice P...

Paramount Global chair Shari Redstone was diagnosed with thyroid cancer earlier this spring, a spokesperson for Redstone said in a statement to Reuters on Thursday.

It's been nearly a year since Paramount Global reached an agreement to sell itself to Skydance Media, but the deal has dragged on amid uncertainty due to pressure from the Trump administration.

Paramount Global will be “a melting ice cube” if its pending $8 billion merger with Skydance Media doesn't close, former FCC commissioner Rob McDowell cautioned Thursday.

Based on the Best-Selling French Children's Book Mister Crocodile is Very Hungry  from Joann Sfar Images HERE NEW YORK , June 5, 2025 /PRNewswire/ -- Nickelodeon today announced the acquisition of Mr. Crocodile, a brand-new animated kids' series, based on the beloved French children's book Monsieur Crocodile a Beaucoup Faim (Mister Crocodile is Very Hungry) by best-selling author Joann Sfar, pu...

A prolonged FCC review against a backdrop of President Donald Trump's lawsuit is fueling speculation that a Paramount-Skydance marriage may be heading for the rocks.