News

Paramount Layoffs Will Be “Painful” But One & Done, Jeff Shell Promises; David Ellison Keeps Timeline Private For Now

Looking to save $2 billion, everybody knows David Ellison’s Paramount is going to have to make some deep cuts & now we know ...

New Paramount chief backs Colbert cancellation, says late-night landscape has 'huge problem'

During a press conference, new Paramount President Jeff Shell backed last month's decision to cancel "The Late Show with ...

Paramount Boss Weighs In on Colbert Cancellation & Why Late-Night Is a ‘Huge Problem’

Speaking with Deadline at a Los Angeles press event on Wednesday (August 13), Shell opened up about his plans for CBS, including his thoughts on late-night following the recent cancellation of The ...

Paramount president Jeff Shell will cut $2 billion in ‘painful’ belt-tightening after troubled Skydance merger

We do not want to be a company that has layoffs every quarter,” Shell said, citing constant waves of cuts under Paramount’s ...

Paramount Sets Pay for New CEO David Ellison, President Jeff Shell

Paramount has set the base salaries for its new C-suite on the heels of Skydance closing its $8 billion acquisition of the ...

Jeff Shell On Future Of CBS’ 10 PM Hour & Cancellation Of ‘Late Show With Stephen Colbert’

Skydance’s acquisition of Paramount Global put former NBCUniversal CEO Jeff Shell back in charge of a broadcast network. As ...

Paramount’s New President Jeff Shell On Board With Theatrical & Windows; DTC Chair Cindy Holland Not Prioritizing Streaming Pics

Paramount President Jeff Shell asserted his support of theatrical, but expressed need for windows. DTC Chair Cindy Holland ...

LISTEN: David Ellison and Paramount’s New Regime Meets the Media in New York and L.A.; Backstory on 10 Storytellers to Watch

On 'Daily Variety' podcast, analysis of the new Paramount team's media moments in New York and L.A.; plus the backstory on 10 ...
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Paramount Prepares Major Layoffs in “One Painful Move,” Jeff Shell Confirms – They Could Even “Exceed” the $2 Billion Target

Paramount is preparing to make big layoffs, and the company says it will be tough but quick. The news came during a press meeting in Los Angeles with Paramount president Jeff Shell and CEO David ...
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Paramount to Slash Jobs in “One Painful Move,” Jeff Shell Says as Company Prepares For Big Layoffs

Paramount is preparing for big layoffs, but the company says it wants to get it done all at once rather than slowly over time ...

New Paramount’s David Ellison, Jeff Shell Eligible for Minimum Salaries of $3.5 Million, Bonuses of $1.5 Million

The pair will each be eligible for minimum salaries of $3.5 million and an annual target bonus of $1.5 million ...

New Paramount Plans to Ramp Film Slate Up to 20 Theatrical Films Per Year

"Star Trek" and family films are a priority, though Paramount's new execs stopped short of committing to a hard theatrical ...