Media giant Paramount Global plans to lay off hundreds of workers across its Times Square and W57th Street locations, amid multimillion dollar cost-saving efforts. The company will let go of 469 ...

About 800 jobs will be cut. Paramount's controlling shareholder, Shari Redstone, has been evaluating potential deals to sell or merge the media giant.

Faced with shrinking ratings and revenue, CBS News is moving its morning program out of its Times Square Studio. Later this year, “CBS Mornings” will head back to the news division’s ...

In 2019, it merged with CBS Corp. and was later renamed Paramount Global, reflecting the brand clout of the movie studio Redstone acquired after a memorable battle with Barry Diller.

The Martha Graham Dance Company, founded by its namesake in 1926, has signed a 30-year lease to occupy 30,757 square feet on the 11th floor of the 32-story Paramount Building at 1501 Broadway ...