Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors, with about 38.5% of the equity in the new company held by a trio of Middle Eastern funds.

With Netflix out of the picture, a Paramount and Warner Bros. Discovery deal might have fewer obstacles to regulatory approval. Netflix dropped its bid for WBD's company's studio and streaming assets ...

Paramount met most of Wall Street’s expectations in the first quarter, though subscriber gains at flagship streamer Paramount+ fell slightly short. The company on Monday reported total revenue of ...

Paramount Skydance's jubilation over its come-from-behind victory to claim Warner Bros. Discovery has entered a new phase: Call it the deal-debt hangover. Two major ratings agencies have downgraded ...

Paramount executives acknowledged this week the new company would emerge with $79 billion in debt (Brian van der Brug / Los Angeles Times) Paramount Skydance's jubilation over its come-from-behind ...