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David Ellison

  • Paramount Special Committee Votes on Documentation of Skydance Deal

    The five-person independent body recommended the latest revised offer from David Ellison in May

    By

    Lucas Manfredi
    June 11, 2024 @ 12:04 PM
    Business
    12:04 PM
    Paramount Special Committee Votes on Documentation of Skydance Deal
  • Paramount Postpones Employee Town Hall as Skydance Merger Talks Continue

    The company’s Office of the CEO pushed the meeting to June 25

    By

    Lucas Manfredi
    June 4, 2024 @ 1:47 PM
    Business
    1:47 PM
    Paramount Postpones Employee Town Hall as Skydance Merger Talks Continue
  • Paramount and Skydance Agree to Deal Terms as Merger Inches Closer, Shares Rise Over 7%

    The deal awaits approval from controlling shareholder Shari Redstone

    By

    Lucas Manfredi
    June 3, 2024 @ 7:29 AM
    Business
    7:29 AM
    Paramount and Skydance Agree to Deal Terms as Merger Inches Closer, Shares Rise Over 7%
  • Paramount Special Committee Recommends Revised Offer From David Ellison’s Skydance Media

    The fate of the media conglomerate now sits in the hands of controlling shareholder Shari Redstone

    By

    Lucas Manfredi
    May 31, 2024 @ 4:48 PM
    Business
    4:48 PM
    Paramount Special Committee Recommends Revised Offer From David Ellison’s Skydance Media
  • Skydance Ups Cash Offer for Paramount and Courts Class B Stockholders in Restructured Bid

    David Ellison stages his latest attempt to woo shareholders for his production company’s acquisition

    By

    Lucas Manfredi
    May 30, 2024 @ 11:39 AM
    Business
    11:39 AM
    Skydance Ups Cash Offer for Paramount and Courts Class B Stockholders in Restructured Bid
  • James Cameron, Ari Emanuel Voice Support for Skydance’s Paramount Bid

    The “Avatar” director believes it “could be a huge boon for this business” if David Ellison’s company buys the major studio

    By

    Jeremy Fuster
    May 5, 2024 @ 11:37 AM
    Business
    11:37 AM
    James Cameron, Ari Emanuel Voice Support for Skydance’s Paramount Bid
  • Paramount Lets Skydance Exclusivity Window Expire With No Deal

    The move comes as Sony and Apollo have submitted a joint $26 billion all-cash offer

    By

    Lucas Manfredi
    May 3, 2024 @ 4:27 PM
    Business
    4:27 PM
    Paramount Lets Skydance Exclusivity Window Expire With No Deal
  • Paramount, Skydance Exclusive Talks Window Likely to Close Without a Deal, So What Happens Next?

    The board’s special committee faces a tough choice: go through with an unpopular Skydance sale, explore Sony and Apollo’s $26 billion offer or go it alone

    By

    Lucas Manfredi
    May 3, 2024 @ 10:14 AM

    Pro Available to WrapPRO members

    WrapPRO
    10:14 AM
    Paramount, Skydance Exclusive Talks Window Likely to Close Without a Deal, So What Happens Next?

    Pro Available to WrapPRO members

  • 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

    By

    Lucas Manfredi
    April 29, 2024 @ 5:01 PM

    Pro Available to WrapPRO members

    Business
    5:01 PM
    Matrix Asset Advisors Slams Paramount Over Bob Bakish Exit: ‘Everything About Today’s Update Is a Disgrace’

    Pro Available to WrapPRO members

  • 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

    By

    Lucas Manfredi
    April 29, 2024 @ 1:20 PM

    Pro Available to WrapPRO members

    Business
    1:20 PM
    Paramount Narrows Streaming Loss 44% to $286 Million, Tops 71 Million Subscribers

    Pro Available to WrapPRO members

  • 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

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