David Ellison
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Larry Ellison Will Hold Controlling Stake in Paramount Global With Skydance Merger, Filing Shows
The billionaire Oracle co-founder will own 77.5% of National Amusements after his son David Ellison’s deal closes
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Is Pluto TV for Sale? It Could Be Challenging for Paramount
The free, ad-supported streamer could fit well in Skydance Media’s “tech hybrid” strategy, analysts tell TheWrap
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Edgar Bronfman Jr. Drops Out of Paramount Bidding Process, Leaving Skydance as Winner of Hollywood Studio
High-net worth investors were “spooked” by having to submit financial documents so quickly, one Bronfman insider told TheWrap.
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Business
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Skydance Calls on Paramount to Stop Negotiating With Edgar Bronfman Jr., Accuses Special Committee of Violating Merger Agreement
The media giant extended its “go-shop” period to Sept. 5 on Wednesday as the former Warner Music Group CEO submitted a revised $6 billion bid
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Paramount Shares Climb 7% as Edgar Bronfman Jr. Prepares Competing Bid
The former Warner Music Group CEO has held discussions about teaming up with Fortress Investment Group, Roku and “Baby Geniuses” producer Steven Paul, according to the Wall Street Journal
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Paramount-Skydance Merger Could Cost Shareholders $1.65 Billion in Damages, Class-Action Lawsuit Argues
Scott Baker, who owns over 40,000 Class B shares, says the deal is designed to cash out Shari Redstone at a substantial premium
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The Return of Jeff Shell at Paramount Raises #MeToo Questions
“It creates a chilly climate for women,” says Jessica Calarco, author of “Holding It Together: How Women Became America’s Safety Net”
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Hollywood’s Family Business: Paramount Passes From the Redstones to Ellisons
Whether it was called Viacom or CBS or Paramount Global, Paramount has been an actual family business, and will remain so
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Movies
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Hollywood’s Support for Skydance-Paramount Merger Has Been ‘Remarkable and Humbling,’ David Ellison Says
“Top Gun: Maverick” and “Mission: Impossible” star and producer Tom Cruise is “supportive” of the transaction, the executive says
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Shari Redstone Mingles With Billionaires at Sun Valley Retreat 2 Days After Paramount Sale
Mark Zuckerberg, Bob Iger and Sam Altman are also due at Allen & Co.’s annual conference known for its high-roller dealmaking
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Skydance-Paramount Deal Drags Hollywood Further Into a Tech Future | Analysis
With an $8 billion agreement to buy the legacy studio, CEO David Ellison is promising to leverage technology to turn Paramount from a struggling legacy studio into a tech-content powerhouse
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CBS Will Be a ‘Cornerstone’ Asset of New Paramount, Jeff Shell Teases
“It’s going to be actually part of all of our plans going forward,” the executive told reporters Monday
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David Ellison and Jeff Shell Outline Plan for New Paramount: Tech, Animation and Rebuilding Paramount+
The pair have identified $2 billion in cost efficiencies and synergies as they look to manage the company’s declining linear business
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Done Deal: Paramount Global Sells to Skydance Media in $8 Billion Acquisition
The “Mission: Impossible” and “Top Gun: Maverick” coproducer will acquire controlling shareholder Shari Redstone’s National Amusements under the two-step deal
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Paramount Stock Climbs 7% as Skydance Deal Looms
A deal between the two parties could potentially be completed by as early as the weekend, an individual familiar with the matter tells TheWrap
