Paramount Global said it's cutting 3.5% of its workforce, citing challenges in the broader economy and in the linear ...

Shari Redstone, chair of Paramount Global, has been diagnosed with thyroid cancer, a spokesperson for Redstone confirmed ...

"Ellison is great. He'll do a great job with it," Trump told reporters during a news conference Wednesday on the White House ...

The President indicated that he supported the Skydance mogul's takeover of the major studio, and claimed CBS executives "are ...

Here is what happened on each day the protests against immigration detention operations in the Los Angeles area.

Gov. Gavin Newsom says President Trump is "escalating the situation" by sending troops to L.A., adding fuel to the feud ...

California Gov. Gavin Newsom called the move "purposefully inflammatory" and one that "will only escalate tensions." ...

Paramount Global is the parent company of CBS News. Redstone inherited Paramount from her father, the late Sumner Redstone. The Redstone family has controlled Paramount for several decades.

Demonstrators hit the streets again in L.A. after President Trump deployed the National Guard due to protests against ICE ...

The president and the media giant are currently locked in a $20 billion legal battle over a "60 Minutes" interview with ...

Trump said Skydance CEO David Ellison 'will do a great job' running the merged Skydance-Paramount, but it is still pending ...