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David Ellison

  • Paramount CEO Bob Bakish Steps Down

    The exec’s departure coincides with the company’s first-quarter earnings results for 2024

    By

    Lucas Manfredi and Loree Seitz
    April 29, 2024 @ 1:02 PM
    News
    1:02 PM
    Paramount CEO Bob Bakish Steps Down
  • Ariel Investments Demands Paramount Explain ‘Disturbing’ Board Departures Amid Skydance Exclusive Talks

    “Transparent corporate filings and statements would end the obfuscation that is whipsawing the stock,” the firm writes in a letter to clients 

    By

    Lucas Manfredi
    April 26, 2024 @ 7:15 PM
    Business
    7:15 PM
    Ariel Investments Demands Paramount Explain ‘Disturbing’ Board Departures Amid Skydance Exclusive Talks
  • Sony-Apollo Bid for Paramount Could ‘Bring Much More to the Table’ Than Skydance, Matrix Asset Advisors Says

    The firm argues there’s “near-universal agreement” among Paramount shareholders that David Ellison’s bid is not in their interests

    By

    Lucas Manfredi
    April 26, 2024 @ 8:36 AM
    Business
    8:36 AM
    Sony-Apollo Bid for Paramount Could ‘Bring Much More to the Table’ Than Skydance, Matrix Asset Advisors Says
  • Paramount, Skydance Make Progress on Potential Acquisition

    David Ellison’s media company will infuse $4.5 billion into the studio should deal be completed

    By

    Jeremy Fuster
    April 25, 2024 @ 5:37 PM
    Business
    5:37 PM
    Paramount, Skydance Make Progress on Potential Acquisition
  • David Ellison May Be a Daredevil. But Is He Ready to Run Paramount?

    The Skydance CEO is a born risk-taker and now the Paramount deal makes him set to be one of the most powerful people in Hollywood

    By

    Emily Smith and Lucas Manfredi
    April 23, 2024 @ 6:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    6:00 AM
    David Ellison May Be a Daredevil. But Is He Ready to Run Paramount?

    Pro Available to WrapPRO members

  • Could a Sony-Apollo Joint Bid Stop a Paramount Shareholder Revolt? | Analysis

    But for now, Skydance Media still has until May 3 to turn exclusive talks with the studio into a deal.

    By

    Alexei Barrionuevo and Jeremy Fuster
    April 19, 2024 @ 6:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    6:00 AM
    Could a Sony-Apollo Joint Bid Stop a Paramount Shareholder Revolt? | Analysis

    Pro Available to WrapPRO members

  • Paramount-Skydance Deal Unlikely to Close in 30-Day Window, Due Diligence Continues | Exclusive

    The deal, which requires approval by the Paramount board, is likely to take closer to 60 days, an insider tells TheWrap

    By

    Lucas Manfredi
    April 18, 2024 @ 2:05 PM

    Pro Available to WrapPRO members

    Business
    2:05 PM
    Paramount-Skydance Deal Unlikely to Close in 30-Day Window, Due Diligence Continues | Exclusive

    Pro Available to WrapPRO members

  • Paramount Shareholder Aspen Sky Trust Urges Board to End Exclusive Talks With Skydance

    The firm, which owns approximately 6.57 million shares, accuses the board of violating its fiduciary responsibility by denying other viable bidders a 30-day due diligence period

    By

    Lucas Manfredi
    April 9, 2024 @ 5:59 PM
    Business
    5:59 PM
    Paramount Shareholder Aspen Sky Trust Urges Board to End Exclusive Talks With Skydance
  • Investors Call Skydance Deal for Paramount ‘Suboptimal’ and Warn of Lawsuits

    Majority owner Shari Redstone is “only looking out to maximize the value of Shari Redstone” says one large shareholder, who says the board needs to also consider Apollo Global’s bid

    By

    Lucas Manfredi and Emily Smith
    April 9, 2024 @ 6:00 AM

    Pro Available to WrapPRO members

    WrapPRO
    6:00 AM
    Investors Call Skydance Deal for Paramount ‘Suboptimal’ and Warn of Lawsuits

    Pro Available to WrapPRO members

  • Skydance’s Paramount Offer Would Include Up to 50% Ownership Stake, Raising New Equity | Report

    The deal would include a consortium of investors, including RedBird Capital, KKR and Oracle cofounder Larry Ellison

    By

    Lucas Manfredi
    April 5, 2024 @ 2:11 PM
    Business
    2:11 PM
    Skydance’s Paramount Offer Would Include Up to 50% Ownership Stake, Raising New Equity | Report
  • Paramount Global Stock Jumps Over 14% as Skydance Sets Exclusivity Window in Merger Talks

    The deal would see David Ellison’s company take control of the media conglomerate through the stake controlled by Shari Redstone’s National Amusements

    By

    Lucas Manfredi
    April 3, 2024 @ 1:46 PM
    Business
    1:46 PM
    Paramount Global Stock Jumps Over 14% as Skydance Sets Exclusivity Window in Merger Talks
  • Skydance Bids for National Amusements in Paramount Takeover Strategy, Bloomberg Says

    David Ellison makes his move as Shari Redstone weighs sale of Hollywood studio

    By

    Lucas Manfredi
    January 24, 2024 @ 5:20 PM
    Business
    5:20 PM
    Skydance Bids for National Amusements in Paramount Takeover Strategy, Bloomberg Says
  • Paramount Stock Climbs 14% on Reports That Skydance Media CEO David Ellison, RedBird Capital Considering a Play for Control

    The companies are reportedly interested in parent company National Amusements’ majority stake in the media conglomerate

    By

    Lucas Manfredi
    December 8, 2023 @ 8:57 AM
    Business
    8:57 AM
    Paramount Stock Climbs 14% on Reports That Skydance Media CEO David Ellison, RedBird Capital Considering a Play for Control
  • Ryan Reynolds, Shawn Levy Reunite for Time Travel Adventure Movie at Skydance

    Duo collaborated on “Free Guy,” which is scheduled to hit theaters in December

    By

    Beatrice Verhoeven
    April 24, 2020 @ 1:56 PM
    Movies
    1:56 PM
    Ryan Reynolds, Shawn Levy Reunite for Time Travel Adventure Movie at Skydance
  • Why ‘Parasite’ Studio CJ Entertainment Is Betting Big on Skydance

    Miky Lee’s South Korean studio, along with Redbird Capital Partners, invested $275 million in David Ellison’s Skydance

    By

    Trey Williams
    February 14, 2020 @ 2:21 PM

    Pro Available to WrapPRO members

    News
    2:21 PM
    Why ‘Parasite’ Studio CJ Entertainment Is Betting Big on Skydance

    Pro Available to WrapPRO members

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