Shari Redstone will receive $1.75 billion for her stake while her exiting C-suite executives will get eight-figure termination awards in addition to their annual salaries.

The executive, who also heads up Paramount Pictures and Nickelodeon, was widely expected to depart once Skydance's David Ellison realized his goal of owning a legacy Hollywood studio.

Paramount has set the base salaries for its new C-suite on the heels of Skydance closing its $8 billion acquisition of the ...

Brian Robbins, who helped grow the Paramount+ streaming service, is stepping down as Paramount Global's co-CEO, according to ...

EXCLUSIVE: We understand that Ramsey Naito, President of Paramount Animation and Nickelodeon Animation, will remain in her ...

The new Paramount has laid out the employment contracts for its executive team led by chairman-CEO David Ellison and ...

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

Paramount Motion Picture group chief Michael Ireland will be departing Paramount amid the studio’s merger with Skydance, The ...

David Ellison as CEO and former NBCUniversal boss Jeff Shell as president are running the combined Hollywood company, looking ...

Talk about a good first impression. On the first day of David Ellison’s takeover at Paramount, his film studio won a highly ...

Just hours before David Ellison and the new regime at Paramount formally takes over, Shari Redstone had a final message today ...

The pair will each be eligible for minimum salaries of $3.5 million and an annual target bonus of $1.5 million ...