Paramount Global, Swinging to Q1 Profit, Maintains Skydance Deal Will Close by June
Paramount Global, under scrutiny as it works to complete a deal that will have it acquired by Skydance Media, said it swung to a profit in its fiscal first quarter, boosted by revenue increases from its film and streaming businesses. The company’s largest operation, its TV networks, grappled with downturns in ad sales tied to […]