Billionaire investor Mario Gabelli’s investment fund filed a class-action lawsuit on behalf of Paramount Global shareholders alleging the company’s controlling shareholder, Shari Redstone, benefited ...

Paramount struck a $7.7 billion deal with the Ultimate Fighting Championship just days after merging with Skydance, giving CBS and Paramount+ streaming and broadcasting rights to the mixed martial ...

The seven-year $7.7 billion deal is an early win for the company’s new chairman, David Ellison, who took over last week. CBS will also show some marquee fights. By John Koblin David Ellison has been ...

The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year. The merger of Paramount and Skydance will give Paramount stronger financial ...