Paramount outlines job cuts, streaming JV plans at annual meeting

A view of Paramount Studios’s water tank as SAG-AFTRA members walk the picket line outside during their ongoing strike, in Los Angeles, California, U.S., September 26, 2023.  Mario Anzuoni | Reuters The current leadership of Paramount Global presented a go-forward plan at the company’s annual shareholder meeting Tuesday in the event a sale of the … Read more

5 things to know before the stock market opens Tuesday, April 30

Here are the most important news items that investors need to start their trading day: 1. Climbing Stocks continued their gains on Monday ahead of a Federal Reserve meeting and the release of major corporate earnings. The S&P 500 climbed 0.32% while the Nasdaq Composite and Dow Jones Industrial Average rose 0.35% and 0.38%, respectively. … Read more

Paramount CEO Bob Bakish steps down

Bob Bakish, president and chief executive officer of Viacom, attends the fourth day of the annual Allen & Company Sun Valley Conference, July 11, 2023 in Sun Valley, Idaho.  David A. Grogan | CNBC Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish will … Read more