Paramount
Paramount Skydance launches major layoffs across TV divisions
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Paramount Skydance has initiated a round of approximately 1,000 layoffs on October 29, 2025, targeting redundancies and roles misaligned with new priorities following its merger with Skydance. The cuts affect CBS News, CBS Entertainment, Paramount+, MTV, and other units, with another 1,000 jobs expected soon, reducing the workforce by about 10%. CEO David Ellison described the moves as necessary for long-term success in a memo to employees.
Paramount names Bari Weiss CBS News editor-in-chief
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Paramount Global has acquired The Free Press and appointed its co-founder Bari Weiss as editor-in-chief of CBS News. The move aims to bring balanced journalism to a wider audience amid efforts to modernize the network. Weiss, a former New York Times opinion writer, will retain leadership of her independent publication.
Taylor Sheridan departs Paramount for NBCUniversal deal
Taylor Sheridan, creator of Yellowstone, is leaving Paramount after clashes with new leadership, signing a reported $1 billion deal with NBCUniversal. The move stems from disputes over budgets, politics, and project decisions, including drama involving Nicole Kidman. His existing shows will remain with Paramount, which owns the rights.