Latest David Ellison News

Sony Pictures and private equity firm interested in buying Paramount for $26 billion, AP source says

May. 02, 2024 18:31 PM EDT

Sony Pictures and the private equity firm Apollo Global Management have expressed interest in buying Paramount Global for $26 billion, according to a person familiar with the details. Sony would be the majority shareholder and Apollo would have a minority stake, according to the...

Paramount Global replaces CEO Bob Bakish with a troika of executives

Apr. 29, 2024 19:17 PM EDT

NEW YORK (AP) — Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company. Bakish will be replaced by a troika of executives who will form a new “Office of the CEO.” The group includes George Cheeks, the CEO of...