Paramount could cut jobs if Skydance merger falls through
Paramount is likely to eliminate some jobs amid a corporate restructuring if its proposed merger with Skydance Media falls through, executives affirmed this week.
CBS (formerly the Columbia Broadcasting System) is a television broadcast network owned by ViacomCBS. In addition to the broadcast network, CBS operates more than a dozen local stations across the country as well as CBS News, CBS Sports and cable channels CBS Sports Network, Smithsonian Channel and Pop Network. Prior to its merger with Viacom, CBS also operated the premium multiplex movie services Showtime and The Movie Channel.
Paramount is likely to eliminate some jobs amid a corporate restructuring if its proposed merger with Skydance Media falls through, executives affirmed this week.
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