In a bid to conserve cash, the parent company slashed its shareholder dividend (to 5 cents from 24 cents). That means greatly reduced payouts to NAI, which holds 77% of Paramount shares.

Paramount Global is selling its creator conference VidCon to the UK media and events company Informa, according to two people familiar with the matter. They spoke to Business Insider on the ...

Paramount Global has agreed to settle a shareholder lawsuit that claimed that the 2019 CBS-Viacom merger was unfair for shareholders. According to a securities filing Friday, Paramount will pay ...

Rather than leading Paramount to reclaim its place among industry titans, Redstone's tenure atop the company has been marred by miscalculations and setbacks. Behind Shari Redstone's failed ...

Share of Paramount Global hit a milestone today, and not a good one.. The stock price fell below $10 intraday, changing hands at $9.91 just now, down 2% from Friday. It’s never dipped below ten ...

David Ellison says the new Paramount will be a "World-Class Media and Technology Enterprise." He's Oracle founder Larry Ellison's son, so he's definitely got tech connections.

Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue.. Bakish climbed the corporate ladder after joining Viacom in ...

Paramount previously agreed to purchase Skydance in an all-stock transaction that values Ellison’s independent media company at $4.75 billion, the companies have said.

The Redstone family would receive $1.75-billion for National Amusements, a company that holds the family's Paramount shares and a regional movie theater chain founded during the Great Depression ...

Bob Bakish, who had been an executive at Paramount and its predecessor since 1997, will be replaced by an “office of the C.E.O.,” run by three company executives.

Paramount Global will pay $122.5 million to settle a lawsuit claiming the 2019 CBS-Viacom merger was unfair to shareholders, the company said in a filing Friday. The settlement is still subject to ...