David Ellison
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Matrix Asset Advisors Slams Paramount Over Bob Bakish Exit: ‘Everything About Today’s Update Is a Disgrace’
“This is a major unforced error that will cost the company upwards of $50 million,” the firm’s chief investment officer David Katz tells TheWrap
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Paramount Narrows Streaming Loss 44% to $286 Million, Tops 71 Million Subscribers
The media conglomerate declined to take analyst questions following the departure of CEO Bob Bakish
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Paramount CEO Bob Bakish Steps Down
The exec’s departure coincides with the company’s first-quarter earnings results for 2024
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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
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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
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Paramount, Skydance Make Progress on Potential Acquisition
David Ellison’s media company will infuse $4.5 billion into the studio should deal be completed
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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
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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.
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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
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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
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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
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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
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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
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Skydance Bids for National Amusements in Paramount Takeover Strategy, Bloomberg Says
David Ellison makes his move as Shari Redstone weighs sale of Hollywood studio
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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