CEO David Ellison, father Larry Ellison and other investors are in talks to buy Shari Redstone’s stake in National Amusements, Paramount’s parent.

Now 41, an avid pilot and son of $172 billion net worth Oracle founder Larry Ellison, Mr. Ellison is set to take over the storied Paramount studio (maker of films from “The Ten Commandments ...

Jan 11, 2024 · Paramount Global (PARA): Skydance Media Chief Executive David Ellison is discussing an all-cash bid for Paramount’s parent, National Amusements, with financial help from other investors ...

Skydance Media’s David Ellison produced and financed movies and shows, and now he has his eyes on Paramount.

He laid out his vision: invest more in Paramount, restructure costs and improve Paramount’s data and analytics to better compete with Netflix. Redstone sent Ellison’s proposal to the board a couple of weeks later.

Jan 10, 2024 · CEO David Ellison, father Larry Ellison and other investors are in talks to buy Shari Redstone’s stake in National Amusements, Paramount’s parent.

Skydance Media, which is in exclusive merger talks with Paramount Global PARA-0.91 % decrease; red down pointing triangle, expects to more than double its revenue and triple its adjusted earnings ...

Deal would come via National Amusements, the exhibitor that owns 77% of Paramount's voting shares.

Skydance Media, the production company founded by Mr. Ellison, who is the son of billionaire Oracle Corp. founder Larry Ellison, has raised $400 million in new capital, valuing Skydance at more ...

Recently unsealed court documents paint a rare and detailed picture of the software billionaire's finances -- in particular, his reluctance to sell the Oracle Corp. stock that makes up most of Mr ...