Paramount Skydance Corporation Stock News

Paramount remains the frontrunner in a potential Warner Brothers Discovery merger, but the rumored asking price is unjustified. PSKY's sports portfolio, especially March Madness and NFL deals, continues to drive strong profitability and underpins much of its enterprise value. Recent missteps in scripted content, including losing top talent like Taylor Sheridan, raise concerns about the ongoing ...

Paramount is the latest company to join the bloodbath of layoffs this week.

Paramount Skydance began the process of laying off roughly 1,000 employees on Wednesday. The total amount of cuts is expected to reach 2,000.

Paramount will lay off about 1,000 staffers on Wednesday as part of a longer-term cost-cutting plan

Paramount Skydance CEO David Ellison has been moving fast to transform the company into something he promises will be leaner and more agile, which could make it unrecognizable.

CEO David Ellison cites “evolving priorities” for staff reductions across the organization.

The company has agreed to use 285,000 square feet at 1888 Studios in Bayonne, N.J.

BAYONNE, N.J.--(BUSINESS WIRE)--1888 Studios, a state-of-the-art, 1.6 million square foot film and television production campus in Bayonne, NJ, to be built for movie makers by movie makers, announced today that Paramount, a Skydance Corporation, (“Paramount”) (NASDAQ: PSKY), a leading, next generation global media and entertainment company, has signed a landmark minimum 10-year lease agreement....