The news comes as many in Hollywood and on Wall Street are predicting a coming deal frenzy, following a 2024 drop in deal volume in the media-tech-telecom space, especially if the second ...

Redstone reached an $8 billion deal to merge Paramount with Skydance Media last year.

The firm said Tencent Holdings' investment in Skydance raises "troubling questions about undue foreign influence" and that CBS News has "exhibited improper ideological bias" ...

Good morning! Justin Baldoni is suing the New York Times for libel, Paramount had a rocky 2024 under Shari Redstone, and ...

Three co-CEOs laid off some 2,000 people citing redundancies. "The jokes write themselves, right?" a former employee said.

In 2024, that trend exploded across multiple news outlets. These were the biggest newsroom revolts of the year: NBC News was engulfed in a firestorm fueled by its own staffers after the network ...

Richard D. Parsons, corporate trailblazer and rescuer of Time Warner, Citigroup, and CBS, passed away from cancer at the age ...

Former Time Warner Chair & CEO Richard Parsons, a "sought-after adviser at the highest echelons of American industry" who ...

Richard Parsons, a veteran banking executive and the former CEO of Time Warner, passed away Thursday in Manhattan at age 76.

Richard Parsons, who presided over Time Warner as CEO from 2002-2007 as the media conglomerate was recovering from the epic ...

Richard D. Parsons, whose humane approach to business made him a serial troubleshooter at distressed companies including Time ...

Richard D. Parsons, an executive who had a hand in untangling some of the media industry’s knottiest dilemmas, died Thursday ...