Film and video production companies
Paramount, the Hollywood film studio, has begun laying off over 2,000 employees as a result of its merger with Skydance, a move expected to cut roughly 10 percent of the combined company. The layoffs were announced internally by David Ellison, Paramount's chief executive, and will initially include
Film and video production companies
Paramount, the Hollywood film studio, has begun laying off over 2,000 employees as a result of its merger with Skydance, a move expected to cut roughly 10 percent of the combined company. The layoffs were announced internally by David Ellison, Paramount's chief executive, and will initially include
Film and video production companies
Paramount, the Hollywood film studio, has begun laying off over 2,000 employees as a result of its merger with Skydance, a move expected to cut roughly 10 percent of the combined company. The layoffs were announced internally by David Ellison, Paramount's chief executive, and will initially include
Film and video production companies
Paramount, the Hollywood film studio, has begun laying off over 2,000 employees as a result of its merger with Skydance, a move expected to cut roughly 10 percent of the combined company. The layoffs were announced internally by David Ellison, Paramount's chief executive, and will initially include
Conan the Barbarian (Motion picture)
Mortal Kombat 1: Khaos Reigns is a new expansion for the genre-defining Story mode of Mortal Kombat 1, introducing an all-new cinematic narrative centered around peace and anarchy. The expansion will release digitally on September 24 for PlayStation5, Xbox Series X|S, Nintendo Switch, and PC (Steam and Epic Games
20th Century Studios Inc.
"Deadpool & Wolverine", directed by Shawn Levy, brings together the irreverent humor of the "Deadpool" franchise with the iconic Wolverine, thanks to Disney's acquisition of 20th Century Fox. The film follows the unlikely duo as they team up to fight a common enemy, offering
Film and video production companies
Metallica, one of the biggest-selling heavy metal acts in the nation, has filed a lawsuit against Elektra Records, seeking to release the band from its long-term contract with the company. The lawsuit, filed on Tuesday in San Francisco, claims that the contract signed in 1984 is illegal under California law,
Film and video production companies
Ted Turner, the renowned entertainment mogul, spoke at the National Press Club on Tuesday, revealing that Time Warner Inc. had vetoed his bid to buy the NBC network from General Electric last year. According to Turner, the deal was "a basic agreement worked out...a little over a year
Cable television broadcasting industry
Viacom Inc., reeling from its massive debt of nearly $10 billion, is considering selling its joint venture 350-screen Cineamerica movie theater chain, reportedly valued over $500 million. Rumors emerged that Turner Broadcasting System Inc. is engaged in buyout talks for the chain, which operates primarily in California, Colorado, Arizona, and
Cable television broadcasting industry
Top business leaders testified before the Senate Finance Committee on Monday, praising a government program that provides massive tax breaks to selected developing countries. However, they also expressed concerns about the program's effectiveness and called for Congress to step up enforcement if it renews the 20-year-old Generalized System
Film and video production companies
Viacom has emerged victorious in its five-month battle with QVC Network for control of Paramount Communications, securing the necessary 50.1 percent of Paramount shares to seal the deal. The acquisition, announced last night, will bring Viacom's total debt to $10.2 billion, with cash flow estimated at
Film and video production companies
The merger of Viacom, Paramount, and Blockbuster is expected to form the world's fifth largest entertainment company, with estimated annual revenues of $6.1 billion. Analysts predict that the acquisition will be approved by regulators without significant conditions. The combined entity will boast a diverse range of assets,
