While David Ellison has set a lofty goal for Paramount to release 30 films a year, there's no recent precedent for such a haul.

Overseas investment will give the combined company ‘greater access to capital,’ per a new filing with the FCC. Billionaire Larry Ellison isn’t the only one financially backing the Paramount Skydance takeover of Warner Bros.

Paramount beat off competition from Netflix to take over Warner Bros., which owns CNN, in a deal that has raised some concerns.

Paramount and Warner Bros. are two of Hollywood’s oldest studios. A merger would mean fewer companies control legacy film production.

The company disclosed the executive's pay Thursday, with option awards tied to a new contract driving most of the boost for the Warner Bros. Discovery CEO.

Paramount Skydance Corp.'s new chief legal officer made $63.6 million during his first three months on the job, according to an SEC filing.

Paramount CEO David Ellison reveled in "our first upfront as the new Paramount" Tuesday night at a NYC event with ad agency Omnicom for drinks, dinner and conversation about advertising opportunities and the upcoming slate.

Since 1912, Paramount Pictures Studios has showcased the talents of film's all-time heavyweights, including Mae West, Alfred Hitchcock, Eddie Murphy and Meryl Streep. The notable site has been home to everything from classic television shows like "I Love ...