Warner Bros Discovery Inc is trending up at writing following news that it has paused mergers talks with Paramount Global. The mass media giant was reported to have seriously engaged in discussions...

Warner Bros. Discovery has paused merger discussions with Paramount Global as the company trades at a 52-week low, sources told CNBC.

Paramount Global's (PARA) fourth-quarter performance is expected to have been aided by steady growth in viewership, driven by strength in Paramount+ amid tepid advertiser demand.

Catherine Herridge, one of 800 people who was laid off from Paramount Global, specifically at CBS News, could have been fired due to her connection with the Biden's as new theories emerge.

Today's price action in various media and streaming names has been notable. However, Paramount Global (NASDAQ: PARA ) is among the key movers this afternoon, with PARA stock moving around 5% lower.

Paramount Global has been downgraded by credit ratings agency S&P to “credit watch negative” due to discouraging trends in its cash flow.

Besides Wall Street's top -and-bottom-line estimates for Paramount Global-B (PARA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared...

Paramount is in trouble: The one-time media giant's ad sales are plummeting, and so is its stock price. Would-be buyers are kicking the tires, but no one seems in a hurry to make a deal — the price...

Shares of Paramount Global traded in the red after hours on Wednesday following the news that Warren Buffett's Berkshire Hathaway pared its holdings in the company.

The companywide layoffs at Paramount Global impacted about 20 employees at CBS News, including correspondents Catherine Herridge and Jeff Pegues, several sources said today. CBS News did not commen...

Paramount Global (NASDAQ:PARA) is axing around 800 jobs or around 3% of its workforce as it sets its sights on returning to profit growth amid a wave of cost-cutting, reports revealed. It is expect...

Paramount will focus its resources on its "most powerful, resonant franchises, films and series" and produce fewer local, international originals, CEO Bakish had said.

Company that owns CBS, broadcaster of NFL showpiece, announces 3% reduction in global workforce

Paramount Global is opened in the red this morning after announcing plans of lowering its headcount by about 3.0%. The mass media company will lay off some 800 employees in total.

Paramount Global has begun a planned round of layoffs, telling U.S.-based employees that those affected by the cutbacks will be notified by the end of Tuesday. An internal memo from CEO Bob Bakish ...