The lawsuit alleges there was an ‘unfair and inequitable’ payout for shareholders.

The new owners of the venerable studio, now trading as PSKY, have seen a volatile stock rally of 30 percent over two days.

(Reuters) -Billionaire investor Mario Gabelli's investment fund filed a class-action lawsuit on behalf of Paramount Global ...

The newly merged company’s C-suite execs acknowledge the stiff headwinds of that business and float possible streaming moves ...

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

After shares of the new Paramount Skydance shot up double digits, Wall Street watchers compared it to a meme stock.

Mario Gabelli's GAMCO sued Shari Redstone's National Amusements Inc., alleging NAI's deal to merge Paramount and Skydance had ...

Paramount Skydance has made its debut after a lengthy and challenging M&A process. Read what investors need to know about ...

Today marks Day One of a new Paramount,” David Ellison, new CEO of the merged Skydance and Paramount, said Thursday.

The leadership team at Skydance’s Paramount have no interest in playing the original streaming movies game, and doubled down ...

Under the seven-year deal, UFC fights will be streamed on Paramount+ and select bouts will be simulcast on CBS.

The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.