Tag: David Ellison

David Ellison, Skydance CEO, will hold full voting control over the Ellison family's interests in the upcoming Skydance-Paramount merger, with the deal expected to close in mid-2025. Ellison will lead "New Paramount," with a 77.5% stake held by Ellison-controlled Pinnacle…

Former NBCUniversal CEO Jeff Shell is expected to become president of Paramount Global after its merger with Skydance Media in 2025. Shell will oversee daily operations alongside Skydance CEO David Ellison, with a focus on transforming Paramount through cost-cutting and…

Paramount Global’s "Office of the CEO," comprised of George Cheeks, Chris McCarthy, and Brian Robbins, received enhanced compensation and protections ahead of the company's merger with Skydance Media, set for 2025. The merger will create a $28 billion entity, with…

The Hollywood Reporter contemplates which Ellison will truly control Paramount after Skydance chief David Ellison is installed as CEO. While David is set to lead the company and manage its operations, his father, Larry Ellison, will retain control through the…

Paramount Global is set to be sold to Skydance Media, aiming to bolster Paramount's weak gaming division. Skydance, with two internal game studios, could significantly enhance Paramount's gaming presence. Skydance Interactive and Skydance New Media have successful titles and high-profile…

Paramount's upcoming CEO David Ellison plans to transform the company into a tech-media hybrid, focusing on enhancing Paramount+'s engagement metrics by leveraging technology from Oracle. Despite industry-wide challenges, Paramount+ particularly struggles with low user engagement, marked by significantly fewer video…

Paramount Global and Skydance Media are merging in an $8 billion deal to revitalize the studio, expand digital distribution, and cut costs. The merger, announced on July 8, will feature a new logo combining Paramount and Skydance elements. David Ellison…

Paramount Global and Skydance Media have finalized a $28 billion merger, with David Ellison taking over as CEO. Ellison aims to transform Paramount into a tech-driven powerhouse by enhancing Paramount+'s technology and using AI for operations. The merger faces industry…

Paramount and Skydance have announced a merger, with Skydance acquiring the Redstone family's majority control of Paramount for $1.75 billion. This deal, pending regulatory approval and a 45-day window for other bids, will give Skydance control over CBS, Paramount+, BET,…

Paramount Global's failed merger deal with Skydance, halted abruptly by Shari Redstone, has caused significant turmoil, including a plunge in Paramount's stock price. Despite this setback and the ensuing chaos, potential buyers like Sony, Apollo, Edgar Bronfman Jr., Steven Paul,…