Paramount Layoffs Begin; CEO David Ellison Says Cuts Are Key To Building “Strong, Future-Focused Company”

Paramount Skydance is laying off around 1,000 employees, primarily in the U.S., as part of a strategy to streamline operations for long-term success. CEO David Ellison communicated the necessity of these cuts in a memo to staff, emphasizing the importance of being transparent during this challenging time. While layoffs are always difficult, this move reflects the company's efforts to adapt to changing market conditions and ensure its future viability.

Paramount has secured a significant 10-year lease with 1888 Studios for a new production campus in Bayonne, New Jersey, covering over 285,000 square feet. This move is a strategic effort to leverage the state's film and digital media tax credit program, which is designed to attract and support film production in the area. This partnership not only boosts local employment opportunities but also enhances New Jersey's reputation as a growing hub for the entertainment industry.

Paramount Skydance is making a significant move by signing a 10-year lease for 1888 Studios in Bayonne, New Jersey. This new location not only provides a substantial 285,000 square feet of space but also allows Paramount to take advantage of the state's enhanced film tax incentives. This is important as it positions Paramount alongside other major players like Lionsgate and Netflix, enhancing its competitive edge in the film industry.

Lilah Kojoori is stepping down as VP of Communications for Nickelodeon after two decades with the company. Since joining in 2006, she has played a crucial role in promoting beloved franchises like SpongeBob SquarePants and Avatar: The Last Airbender. Her departure marks a significant change for the network, which has relied on her expertise to connect with audiences and drive engagement. This transition could lead to new directions for Nickelodeon as it continues to evolve in the competitive kids' entertainment landscape.

Lilah Kojoori, who has served as the vice president of communications for Nickelodeon and Paramount+ Kids & Family for 20 years, is leaving the network. Her departure marks the end of an era, as she has been a significant part of the team since 2006. In an internal memo, Kojoori expressed her gratitude for the journey she shared with her colleagues. This change in leadership could signal new directions for Nickelodeon as it continues to evolve in the competitive kids' entertainment landscape.

Amazon has announced significant layoffs, impacting various roles across the company. This decision comes as the tech giant discusses the integration of artificial intelligence into its operations. The layoffs highlight the challenges faced by Amazon in adapting to a rapidly changing market, raising concerns among employees about job security and the future of work within the organization.

Paramount and UFC are taking their partnership to new heights with a seven-year expansion into Latin America and Australia, starting in 2026. This move not only enhances the UFC's global presence but also opens up exciting opportunities for fans in these regions to engage with mixed martial arts like never before. It's a significant step for both organizations, promising to bring thrilling events and increased visibility to the sport.

Paramount and UFC are set to expand their partnership, bringing UFC media rights to Paramount+ in Latin America and Australia starting in 2026. This move builds on their existing agreement in the U.S., making Paramount+ the exclusive platform for all UFC events in the country. This expansion is significant as it not only enhances Paramount's content offerings but also allows UFC to reach a broader audience in key international markets.

If you're scrambling for a last-minute Halloween costume with your partner, look no further! This article offers 20 creative couple's costume ideas that are sure to impress. Whether you're aiming for something funny, cute, or spooky, these suggestions will help you stand out at any Halloween gathering. It's a fun way to celebrate the holiday together and make lasting memories.

Nobel Prize-winning author Wole Soyinka has announced that his non-resident visa to the United States has been revoked, raising concerns about the implications for freedom of expression and the treatment of international scholars. This incident highlights the ongoing challenges faced by artists and intellectuals in accessing platforms for their voices, especially in politically charged environments.

Fans are buzzing with excitement as they share their thoughts on 'The Celebrity Traitors' ahead of tonight's episode. The show has sparked a flurry of reactions on social media, with viewers eagerly anticipating the drama that unfolds at the round table. This engagement highlights the show's popularity and the strong connection it has with its audience, making it a must-watch event.

Emma Thompson recently expressed her strong frustration with AI technology during an appearance on Stephen Colbert's late night show. She specifically criticized Microsoft's Copilot for its attempts to rewrite her scripts, highlighting her concerns about the growing influence of AI in creative writing. This matters because it raises important questions about the role of technology in the arts and how it may impact the authenticity and originality of creative work.

The Camerimage Film Festival in Poland is set to showcase Ryan Coogler's film 'Sinners,' highlighting the work of cinematographer Autumn Durald Arkapaw. Scheduled for November 15 to 22, 2025, this festival is significant as it celebrates the art of cinematography and brings together filmmakers and audiences to appreciate visual storytelling. Durald Arkapaw's return to the festival, following her previous work on 'Black Panther: Wakanda Forever,' underscores her growing influence in the industry.

Kathryn Bigelow, the acclaimed director of Netflix's 'House of Dynamite,' has addressed the Pentagon's criticism regarding the film's portrayal of nuclear strike scenarios. She argues that the government's claims of inaccuracy overlook the current volatile global situation. Bigelow's response highlights the importance of artistic expression in reflecting real-world tensions, making her film not just entertainment but a commentary on pressing issues.