Paramount Global writes down cable networks value, cuts jobs; streaming profit boosts shares ReutersParamount to lay off 15% of staff amid brutal period in media CNNParamount delivers first quarter of streaming profitability while revenue misses expectations Yahoo FinanceParamount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings CNBCParamount Takes $6 Billion TV Network Charge, Joins Warner Bros. Bloomberg