Paramount and Skydance have confirmed reports earlier this week that their long-gestating merger is expected to finally close on August 7.

"The Naked Gun," in theaters Friday, lives up to the Zucker/Abrahams/Zucker comedy style with expert precision and insightful twists on the slapstick formula.

For David Ellison and his billionaire father, Oracle Corp. co-founder Larry Ellison, buying a legacy studio like Paramount is an opportunity to turn around an asset that has long suffered from ...

The venerable media brands of CBS, Paramount, and Viacom shared a history as pioneering entrepreneurs who actually wandered into each other’s paths repeatedly.

Last year, Legendary and Apollo were linked to a potential acquisition of the Paramount Pictures film studio, and were later linked to a potential acquisition of parent company Paramount Global.

FCC approves paramount-Skydance merger The Federal Communications Commission has cleared the way for Paramount Global to complete its merger with Skydance Media, announcing Thursday that it has ...

Paramount Global expects the merger with Skydance -- forming Paramount Skydance Corp. -- to close Aug. 7.

With the FCC clearing the Skydance-Paramount deal, Paramount employees are bracing for another major round of layoffs.

Want to do business in the United States? Pay up. More specifically: Pay Donald Trump. That's a reasonable lesson from the Paramount-Skydance deal.

FCC Clears Paramount-Skydance Merger The $8 billion deal’s approval follows the media giant’s $16 million legal settlement with President Donald Trump ...