Latest in David Ellison

Fund manager Mario Gabelli, the biggest holder of Paramount Global Class A voting shares after Shari Redstone, said he absolutely needs more information on the Skydance transaction than what's been publicly disclosed before he can decide if he likes terms. On Friday, Gabelli sent a letter to…

Paramount has laid out some terms of its planned merger with David Ellison's Skydance, including what happens if another bidder appears. The deal includes a so-called "go shop" period during which other interest parties can submit offers. It runs for 45 days from the announcement of the deal, which…

Skydance CEO David Ellison said Tom Cruise of Paramount's Mission Impossible and Top Gun franchises "is supportive of the planned merger and that the "outreach that we have received from the entertainment community has been pretty remarkable and humbling." "I think there’s a great opportunity, the…

July in full swing sees top media executives and an impressive political cohort gathered at a storied mountain resort to hike, chat and whitewater raft. The elixir of relaxed proximity distilled in Sun Valley’s rustic woods is credited with hatching a number of consequential deals over the…

S&P Global Ratings, the first to wave a red flag about Paramount's finances last fall, today called the planned merger with Skydance "positive" but said it will continue to monitor the transaction, citing concern over the long lead time amid the ongoing decline of linear television. For now, the…

As news of Skydance Media’s merger with Paramount Global sank in across the media business, top execs from Skydance and chief backer RedBird Capital on Monday lifted the veil on negotiations, streaming plans, their regulatory outlook, Larry Ellison’s role and a host of other topics. One question on…

In the wake of Skydance Media’s landmark merger agreement with Paramount Global, Skydance CEO David Ellison acknowledged the need for patience during the road ahead before the deal is expected to close. With about a year’s worth of regulatory review and preparation ahead of the projected…

For some in Hollywood, there’s a sigh of relief in Skydance’s $8 billion takeover of Paramount: A legacy motion picture studio and entertainment conglom will largely remain standing. This versus if Sony had actually won Paramount, in which case we’d be looking at a potential reduction in theatrical…

Skydance's David Ellison, Jeff Shell, and RedBird Capital looked to woo Wall Street to their planned merger with Paramount highlighting $2 billion in running cost synergies and streaming break-even in 18 months or sooner if a partner emerges. The possibility of a tech ally came up consistently on a…

Skydance Media chief David Ellison said an $8 billion investment by the company and its backers will enable Paramount Global to “double down on its core competency” and embrace technology. Ellison, future Paramount president Jeff Shell and a handful of other stakeholders detailed their plans for the…

Paramount Global controlling shareholder Shari Redstone, along with the conglom’s co-CEO troika, waved pom-poms Sunday night to staff about the upside to Skydance’s $8 billion takeover of the storied studio, CBS network and Viacom cable networks. Already, employees are sweating over the looming $500…

David Ellison’s Skydance Media has announced Sunday night that it and its backers will invest $8 billion in a takeover of Paramount Global, capping a seven-month quest. The company had received approval earlier Sunday from a special committee of Paramount’s board of directors. The full board then…