Latest David Ellison News
Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead
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 extending 'go shop' period by 15 days so it can review Bronfman offer
Shares of Entertainment giant Paramount Global are up Thursday after announcing it would extend by 15 days a period where it's allowed to assess competing offers to its merger agreement with Skydance. The company made the announcement late Wednesday after confirming that it had...
Paramount and Skydance merge, signaling end of a family reign in Hollywood and the rise of new power
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...
Paramount Global owner calls off merger talks with Skydance Media
NEW YORK (AP) — National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that it has ended talks on a possible merger of Paramount with movie production company Skydance Media. The potential deal had drawn attention...
