A settlement, if reached, would be an extraordinary concession by a major U.S. media company to a sitting president.

The company — the fusion of legacy players Viacom and CBS — has fallen on hard times. As the Hollywood business model continues to evolve and become more focused on streaming, Paramount ...

Paramount is trying to complete a major merger, which will need the approval of President Trump's Justice Department.

In 2019, when Shari Redstone prevailed in a long campaign to reunite Viacom and CBS, the re-merged company was valued at $30 billion. As of June 17, the market capitalization of Paramount Global ...

Paramount is a worldwide media entertainment company. Remerged in December 2019 from sister companies Viacom and CBS, the company produces and distributes television and cable programming over its ...

There was no indication that Paramount had approached Trump's team about a settlement, but executives at the company were gaming out options to reduce friction with the incoming administration, the ...

In February, Paramount laid off roughly 800 employees across the company, including at CBS. That was just two ... for the leader who had joined Viacom in 1997 and was so ensconced as a CEO that ...