Warner Bros. Discovery's cable networks like CNN and TBS are not worth as much as the company's deal with Netflix implies, Paramount claims.

Warner "did not provide a single markup of a single transaction document" or engage in any back-and-forth negotiation for months, its jilted suitor said.

LOS ANGELES — After finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8 billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.

DeDe Lea, the longtime head of global public policy and government relations for Paramount, said that she is departing the company on Jan. 5. Lea is the latest top executive to depart the company following Skydance’s acquisition of Paramount Global,

Federal Communications Commission Chairman Brendan Carr defended the agency’s review approving Skydance Media’s acquisition of Paramount Global as routine and in the public interest in a letter made public on Tuesday. Carr, in the letter dated August ...

The $16 million settlement, announced late on Tuesday, came after months of wrangling and protest within CBS News. The lawsuit was seen by many legal observers as meritless, but Paramount Global needs Trump administration approval for its merger with ...

MTV's descent from youth culture powerhouse to obsolescence represents one of entertainment's most dramatic collapses. The network that revolutionized music television with its August 1, 1981 debut—launching The Buggles' "Video Killed the Radio Star"—will see five of its dedicated music channels permanently shut down by December 31,