Latest Larry Ellison News

Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead

Aug. 27, 2024 06:25 AM EDT

NEW YORK (AP) — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer. Bronfman, executive chairman of streaming service Fubo, told Paramount's special committee of directors Monday night...

Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power

Jul. 08, 2024 18:38 PM EDT

NEW YORK (AP) — The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also...