Paramount Lay's off 1,000 workers in 1st round of cuts
Digest more
David Becker/ for Paramount+ Technically, Sheridan hasn’t said a word on the record about Ellison or Paramount, nor has his reported new home — NBCUniversal, land of Peacock — announced a megabucks agreement with the Yellowstone creator.
Warner Bros. Discovery, on the other hand, is now officially for sale. Comcast, Apple, and Netflix are all interested in making takeover approaches, and Warner Bros. Discovery CEO David Zaslav and the board have started a formal assessment of these bids.
David Ellison's $23.50/share offer to acquire Warner Bros. Discovery and merge it with Paramount Skydance was rejected. How high will he go?
21hon MSN
Warner Bros. Discovery is up for sale. Why CEO David Zaslav isn’t ready to give up the reins
After hustling for decades to get to the big stage, Zaslav is eager to prove critics wrong and complete a turnaround after three painful years of setbacks and cost cuts to reduce the company's mountain of debt.
Ramsey Naito is the latest executive at Paramount to depart the studio as CEO David Ellison continues his leadership shakeup.
The newsroom downsizing comes as Paramount Skydance lays off 1,000 employees throughout the newly merged company
David Ellison has the deepest pockets in Hollywood. Sheridan has the best track record in streaming. Why the most obvious deal in TV didn't happen.
Barry Diller, the entertainment mogul who led Paramount for a decade in its heyday, said in an email, “Most people, coming into senior executive positions, on scrutiny, fail to impress. David Ellison, on scrutiny, continues to impress.”