Citing the cost, Paramount Global and Nielsen have failed to reach a renewal agreement. For now, Paramount will be using the audience data of Nielsen rival VideoAmp.

It’s official. Entertainment giant Paramount Global ($PARA) has parted ways with the Nielsen ratings system over contract terms. Paramount blamed

With just hours to go before its CBS television network televises what is certain to be a heavily watched debate between two candidates for Vice President of the United States, Paramount Global said late Monday night that its contract with Nielsen for audience measurement has expired — part of a broader dispute between the company

The proposed class action, filed in New York federal court on Thursday, alleges that the company failed to give more than 300 employees proper notice of their terminations in violation of the state’s Worker Adjustment and Retraining Notification Act, which requires at least 90 days notice of a mass layoff.

The Paramount Global company faces litigation this week and after deploying a round of layoffs without warning, former employees have sued.