Paramount co-CEOs George Cheeks, Brian Robbins and Chris McCarthy expressed their thanks to the media giant's staff following news that its pending $8 billion merger with Skydance Media is expected to close Aug.

Paramount’s cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges facing David Ellison as he takes control.

The Federal Communications Commission on Thursday approved the merger between Paramount Global and Skydance Media

Two lawsuits filed this month claim that the Global-owned company fostered a hostile work environment in which a marketing exec harassed and assaulted workers.

After a long, complicated slog toward Thursday’s FCC approval, Paramount Global and Skydance Media will now face a number of tricky questions in becoming one company. While the $8 billion-plus transaction will need a few more days to become official,

After his advances were rebuffed, Smith allegedly retaliated by orchestrating a significant demotion of the account handled by the accuser’s ad agency despite the company being one of the most competitive vendors due to its pricing, the lawsuit claims.

After an intense, scandal-plagued acquisition, here's what David Ellison gets in Skydance's acquisition of Paramount Global.