26 days ago
Paramount plans major TV expansion after Skydance merger. Paramount announced Monday plans to significantly expand its television studio production following its acquisition by David Ellison's Skydance, marking the company's first major strategic move since the $8.4 billion merger closed in early August. The announcement came as part of the media giant's initial earnings report under new ownership, with Ellison pledging more than $1.5 billion in incremental programming investments for 2026. #Paramount #Skydance #DavidEllison #StreamingWars #CBSStudios #ParamountTV #MediaIndustry #Hollywood https://www.perplexity.ai/...
Paramount sheds another 1,600 workers as David Ellison team digs in - Los Angeles Times
Tech scion David Ellison marked his 96th day running Paramount by disclosing an upbeat financial outlook for next year and a plan to cut an additional 1,600 workers.
https://www.latimes.com/entertainment-arts/business/story/2025-11-10/paramount-more-layoffs-david-ellison
2 months ago
Red Bull consolidates media under Servus Media and cuts jobs Red Bull Media House is reorganizing its entire media division under the new umbrella brand "Servus Media" and is cutting 40 to 60 jobs in the process. The layoffs affect around ten percent of the 600-strong workforce. A corresponding AMS (Public Employment Service) notification was filed on Wednesday #RedBull #ServusMedia #ServusTV #RedBullMediaHouse #TheRedBulletin #MediaReform #MediaIndustry #DigitalFirst #ContentCreation #MediaInnovation #Motorsport #Formula1 #RedBullRacing #SportsMedia #Racing https://www.perplexity.ai/...
