David Ellison
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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
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Paramount, Skydance Merger Is on Again in $2.4 Billion Deal
But NAI’s controlling shareholder Shari Redstone might be setting off a bidding war ahead of Sun Valley
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Paramount Stock Hits Record Low, Falling Below $10 per Share
The latest decline follows Shari Redstone rejecting a merger with Skydance
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After Failed Sale, Paramount’s New Leaders Have a Mandate to Execute Their Plan | Analysis
Brian Robbins, Chris McCarthy and George Cheeks are the Office of the CEO. But how much runway will they have?
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Ariel Investments Founder Blasts Failed Skydance-Paramount Sale Process: ‘A Once in a Generation Kind of Screw Up’
“You have all these great assets, great IP, great history and they’ve found a way to destroy value. It’s just pretty extraordinary,” John Rogers. Jr told TheWrap on Wednesday
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Business
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Paramount Board Remains ‘Open to Strategic Alternatives’ as Office of the CEO Focuses on Long-Term Strategic Plan
“Work is already underway,” co-CEOs Brian Robbins, Chris McCarthy and George Cheeks say in a memo to staff
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Chaos at Paramount: An Uncertain Future Looms After Shari Redstone Pulls the Plug on Skydance | Analysis
Skydance is furious, executives are confused and Wall Street is exhausted as Redstone has made a mess of the Paramount sale
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TV
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Shari Redstone’s National Amusements Scraps Skydance-Paramount Merger
Discussions halted Tuesday after the media conglomerate’s controlling shareholder and David Ellison failed to reach “mutually acceptable terms”