Paramount

Larry Ellison Takes the Throne at Paramount Studios

Larry Ellison Takes the Throne at Paramount Studios

After the merger with Paramount was announced in July, there were speculations that the Skydance founder, David Ellison, would be the new boss of the CBS and MTV parent company. However, a new document filed with the Federal Communications Commission revealed that his father, Larry Ellison, the founder of Oracle, would be the real kingpin…

Red Drapes Closes On Paramount’s TV Studio As It Bows Out

Red Drapes Closes On Paramount’s TV Studio As It Bows Out

The job cut fever is riding high, and many big companies are cutting their workforce to ensure a better and more efficient operational capability. Paramount is the next company to follow the suit. The media giant has announced that it will be closing down its television studio and, as a result, will lay off 15%…