Paramount vows to focus on strategic plan after Shari Redstone ends deal talks

Paramount Global's leadership team told employees Wednesday the company will focus on its new plan to transform its streaming business, reduce costs and divest some assets to help pay down debt, according to an email seen by Reuters. "We recognize the last several months have not been easy as we manage through ongoing change and speculation," wrote the company's co-CEOs Brian Robbins, George Cheeks and Chris McCarthy. "And we should expect some of this to undoubtedly continue." The message comes a day after ...