The Financial Express

Netflix explores bid for Warner Bros. Discovery, joins Paramount Skydance in pursuit

According to people familiar with the matter, Netflix has hired Moelis & Co., the investment bank that advised Skydance Media on its successful Paramount Global deal, to evaluate a prospective offer.

Paramount begins steep layoffs as David Ellison reshapes the media giant

Paramount Skydance is laying off about 10% of its workforce, achieving some of the cost savings that CEO David Ellison promised investors when he took charge of the media company over the summer.
Hoodline

Paramount Initiates Layoffs Affecting 1,000 Employees Post-Merger with Skydance; Eyes Potential Warner Bros. Discovery Acquisition

Paramount begins layoffs, affecting 1,000 employees post-merger with Skydance, as reported by The Associated Press.

Paramount Skydance signs 10-year lease for N.J.’s 1888 Studios. Gov. Murphy says move solidifies state as ‘global powerhouse.’

Paramount Skydance has just signed a 10-year lease for Bayonne’s 1888 Studios. Paramount is set to occupy more than 285,000 square feet of the planned 58-acre facility, which will have 1.1 million square feet of production space and 23 smart sound stages.
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