David Ellison - starsalert.com

deadline.com

13.07.2024 / 08:13

David Ellison Says Tom Cruise Supports Skydance-Paramount Merger, Calls Outreach From Hollywood “Remarkable And Humbling”

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.”

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deadline.com

26.07.2024 / 16:11

Barry Diller Says His Paramount Global Pursuit Is Over Given The “Unlimited” Resources Of Larry Ellison; Also Talks NBA Deal, Kamala Harris

Barry Diller has confirmed he is out of the running for Paramount Global.

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variety.com

25.07.2024 / 21:57

How Skydance’s Small but Mighty Games Studios Could Give Paramount a Jolt in the Sector

Jennifer Maas TV Business Writer Paramount Global has a gaming problem — and Skydance Media could be the solution. Earlier this month Paramount and its controlling shareholder Shari Redstone agreed to sell the company to David Ellison’s Skydance, which has not one but two internal game studios.

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deadline.com

18.07.2024 / 17:32

Benjamin Bratt Latest To Join Mark Wahlberg, Paul Walter Hauser In Amazon MGM’s ‘Balls Up’

EXCLUSIVE: Emmy nominee Benjamin Bratt (Poker Face) is the newest addition to the cast of Balls Up, Amazon MGM Studios‘ upcoming action comedy from director Peter Farrelly and Skydance.

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deadline.com

16.07.2024 / 19:22

Warner Bros. Discovery Starts New Round Of Layoffs

EXCLUSIVE: The fragile state of the film and television business continues with another set of layoffs hitting the industry.

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deadline.com

15.07.2024 / 23:37

Mario Gabelli On Shari Redstone Payout – “I Want To See What She Got”; Seeks Records Of Paramount, Skydance Deal But Says No Imminent Plans To Sue

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.

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deadline.com

15.07.2024 / 21:25

Stephen Oyoung Joins ‘Mission: Impossible 8’

EXCLUSIVE: Stephen Oyoung (Twisters) is the newest addition to the cast of the eighth Mission: Impossible film from Paramount Pictures and Skydance, Deadline can exclusively reveal.

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deadline.com

15.07.2024 / 16:49

‘Terminator Zero’ Trailer: First Look At Netflix Animated Franchise Reboot

“This isn’t what you think it is. You can’t see it yet. But you’ve been on a collision course your entire life. There is no going back. Not really. It will never…never…stop.” So begins the first trailer for Terminator Zero, Netflix‘s upcoming animated franchise reboot, with a voiceover narrated by resistance fighter Eiko (Sonoya Mizuno).

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deadline.com

13.07.2024 / 12:35

Peter Farrelly’s ‘Balls Up’ With Mark Wahlberg & Paul Walter Heads To Queensland; Shahid Acquires ‘Grendizer’ Reboot; MIP London Shaping Up; ‘The Island’ France – Global Briefs

Peter Farrelly’s ‘Balls Up’ With Mark Wahlberg & Paul Walter Heads To Queensland

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variety.com

13.07.2024 / 10:59

Can Skydance Move the Mountain? Team Ellison Needs a Bold Plan to Revive Paramount’s Fortunes

David Ellison started his pursuit of Paramount Global last winter — 30 years nearly to the month after Sumner Redstone and Barry Diller began their long M&A fight for control of one of Hollywood’s foundational studios. A generation later, Ellison’s Skydance Media and Gerry Cardinale’s RedBird Capital are poised to add a new chapter to the history of Paramount, CBS and more, after an equally protracted and hard-fought negotiations with Shari Redstone’s National Amusements Inc.

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variety.com

13.07.2024 / 10:18

Paramount Global Will Pay Skydance $400 Million Breakup Fee if It Lands a Better Offer

Todd Spangler NY Digital Editor Even after clinching a deal with Skydance Media, Paramount Global has the right to shop around for a better offer in a 45-day window. But if Paramount agrees to accept a more attractive buyout deal, it would be on the hook to pay Skydance a $400 million breakup fee, David Ellison, founder and CEO of Skydance, told investors on a call Monday morning.

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deadline.com

13.07.2024 / 09:30

Sony’s Tom Rothman On Skydance-Paramount Deal, Calls David Ellison “A Very Capable Executive” – ‘Fly Me To The Moon’ Premiere

“There might have been other scenarios that could have played out in other ways, but this seems to be currently the scenario for the moment.”

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variety.com

13.07.2024 / 09:22

David Ellison Meets the Press, Talks Paramount and CBS Vision With Gerry Cardinale, Jeff Shell

Matt Donnelly Senior Film Writer Less than 24 hours after sealing an agreement to buy Paramount Global, David Ellison moved into mogul mode for the first time on Monday morning, addressing investors and, later, a gaggle of media reporters to discuss his milestone Skydance-Paramount Global deal. As Chairman and CEO of the enlarged Paramount, Ellison will now occupy a space he hasn’t before: sitting at the levers of power for a multinational company behind content production and distribution, news, sports and gaming.

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variety.com

13.07.2024 / 08:39

Paramount-Skydance Merger: 5 Burning Questions About the Deal

Todd Spangler NY Digital Editor Is Skydance Media the forward-looking entity that Paramount Global needs right now to save the company? Ending months of M&A drama, Paramount Global and Skydance Media, David Ellison’s smaller media and production company, on Sunday announced a two-part transaction that will result in Skydance buying out Shari Redstone’s National Amusements Inc. and then merging with Paramount — to form what the Skydance team for now is calling “New Paramount.” About $6 billion of the money to fund the deal is coming from the family of Oracle founder Larry Ellison (David’s father), with about $2 billion from Gerry Cardinale’s RedBird Capital Partners private-equity investment firm.

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variety.com

13.07.2024 / 07:23

Skydance Media and Paramount Global Move Closer to Sale Agreement But Deal is Far From Done

Cynthia Littleton Business Editor David Ellison’s Skydance Media is moving closer to its goal of acquiring Paramount Global after a key vote was taken by Paramount board members. But a formal takeover deal between Skydance and Paramount is still far from in the bag. Bloomberg News reported Sunday that the special committee of Paramount Global’s board of directors tasked with reviewing M&A options has agreed to revised terms for a merger with Skydance.

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deadline.com

13.07.2024 / 07:01

Skydance Chief David Ellison Says Paramount Must “Not Be Paralyzed” During Long Run-Up To Merger Close; Asset Sales Can Continue In Interim

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.

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variety.com

13.07.2024 / 06:44

Renée Zellweger to Lead Series Adaptation of James Patterson, Mike Lupica Novel ’12 Months to Live’ in Development at Max

Joe Otterson TV Reporter Renée Zellweger is attached to star in a series adaptation of the novel “12 Months to Live” that is currently in development at Max, Variety has learned. The project is currently titled “Jane Smith,” named after the novel’s main character, whom Zellweger will play. The book was written by James Patterson and Mike Lupica, with Miki Johnson set to adapt it for the screen and serve as showrunner.

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deadline.com

13.07.2024 / 05:33

Idaho Murders Doc Lands At Amazon From James Patterson & Liz Garbus; Streamer Also Developing Scripted Series

A docuseries about the murders of four University of Idaho students has been picked up by Amazon with the streamer also planning a scripted version.

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variety.com

13.07.2024 / 03:34

Archegos Founder Bill Hwang Found Guilty in Fraud and Racketeering Case Involving ViacomCBS Stock

William Earl Maverick investor Bill Hwang was found guilty Wednesday by a Manhattan federal jury of fraud and racketeering charges in a market manipulation case involving ViacomCBS shares and other stocks. Hwang was found guilty of 10 out 11 counts of fraud and racketeering related to his stock trading activity. In 2020 and 2021, he stealthily amassed more than 50% of outstanding common shares in the company that was then ViacomCBS — now Paramount Global (and about to be taken over by David Ellison’s Skydance Media).

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variety.com

13.07.2024 / 03:06

Tyler Perry Says He’s ‘100% Supportive’ of Possible BET Sale to Group Led by CEO Scott Mills

Elizabeth Taylor Tyler Perry is showing his support for the Hollywood studio marriage of David Ellison’s Skydance Media with Paramount Global. The reported $8 billion deal will see Ellison become chairman and CEO of a boosted Paramount while former NBCUniversal CEO Jeff Shell will serve as president.

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deadline.com

13.07.2024 / 02:52

Paramount Global Co-CEOs Tell Staff “It’s Business As Usual” Until Skydance Deal Closes

Following the news tonight of Skydance Media‘s $8 billion deal to take over Paramount Global, the current co-CEO troika of Brian Robbins, George Cheeks and Chris McCarthy issued a statement to staff that “until the transaction closes, it’s business as usual.” The transaction isn’t expected to close until the first half of 2025 due to regulatory approvals.

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variety.com

13.07.2024 / 02:22

Can He Save Paramount? Hollywood Takes a Hard Look at David Ellison’s Mogul Ambitions

Matt Donnelly Senior Film Writer Let’s talk about the David of it all. The new chairman and CEO of the soon-to-be-combined Skydance and Paramount Global — Hollywood producer and Oracle heir David Ellison — has had quite the week, and it’s only Wednesday. Show business, Wall Street and media watchers have digested the news that Ellison finally brokered a deal for the Redstone family empire.

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variety.com

13.07.2024 / 01:47

Barry Diller’s IAC Mulling Bid to Gain Control of Paramount Global: Report

Todd Spangler NY Digital Editor Is Barry Diller looking to charge back into Hollywood? IAC, the internet media and publishing conglomerate led by Diller, is “exploring” a bid to acquire Shari Redstone’s National Amusements Inc., the company that owns a controlling stake in Paramount Global, the New York Times reported Monday, citing anonymous sources. IAC has signed nondisclosure agreements with National Amusements Inc. to perform due diligence on a deal, per the Times report.

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deadline.com

13.07.2024 / 01:09

Hollywood Reacts To Skydance-Paramount Deal: Dean Devlin Says David Ellison “No Bean Counter … A Creative First”; Theater Owners Boss “Encouraged”

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 releases, a maneuver that would greatly impact both the greater production and exhibition ecosystem.

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variety.com

13.07.2024 / 00:32

Skydance Media and National Amusements Inc. Reach New Merger Agreement for Paramount Global

Cynthia Littleton Business Editor In a holiday week shocker, Skydance Media and Shari Redstone’s National Amusements Inc. have quietly renewed acquisition talks and have reached a tentative agreement to acquire Paramount Global. That deal will now be reviewed by Paramount Global’s special committee of its board of directors that has steered the media giant through its roller-coaster ride of M&A activity and speculation since late last year.

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deadline.com

13.07.2024 / 00:13

International Insider: Paramount-Skydance; French Political Impasse; Well Hello Dolly!

Good afternoon Insiders, glad you could be with us again because there are news pieces and deep dives to be read. Max Goldbart here. Scroll down for your weekly dose. And sign up here.

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deadline.com

13.07.2024 / 00:03

Aldis Hodge-Led Series ‘Cross’ Sets Season 1 Premiere At Prime Video

Prime Video has set the premiere for the Aldis Hodge-led and produced crime thriller series Cross for November 14.

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deadline.com

12.07.2024 / 22:53

Skydance Deal Will Help Paramount “Double Down On Core Competency” And Embrace Technology, David Ellison Tells Investors

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.

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deadline.com

12.07.2024 / 22:01

Sony’s Out: Won’t Return To Mix During Paramount’s 45-Day “Go Shop” Window

EXCLUSIVE: Sony will not be one of those rival parties trying to shore up a better bid during Paramount Global’s “Go Shop” period following the $8 billion offer by the David Ellison’s Skydance Media. This is according to sources tonight.

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deadline.com

12.07.2024 / 21:39

Sun Valley Sees Moguls & Governors Mingle, With Strategy, Succession & Politics In Play

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 decades.

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deadline.com

12.07.2024 / 21:10

Shari Redstone Tells Staff That Skydance Has “Resources To Build On Paramount Global’s Competitive Advantages”

Paramount Global controlling shareholder Shari Redstone, along with the conglom’s co-CEO troika, waved poms poms tonight to staff about the upside to Skydance’s $8 billion takeover of the storied studio, CBS network and Viacom cable networks.

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variety.com

12.07.2024 / 21:08

Skydance Targets $2 Billion-Plus in Cuts After Paramount Merger

Brian Steinberg Senior TV Editor To help Paramount Global to grow, its new owner needs to make cuts. Skydance executives who are set to take over the owner of CBS, Nickelodeon and MTV have identified at least $2 billion in cost cuts that can be made at the company, much of it from its linear media operations, according to Jeff Shell, who is slated to be named president of the new entity.

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deadline.com

12.07.2024 / 19:56

Skydance On Cost Cuts, Streaming Partnerships & Big Breakup Fee If Another Buyer “Comes Out Of The Woodwork” For Paramount

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 a few years, or sooner if a partner emerges. The possibility of a tech partnership came up consistently on a webcast with Wall Street analysts today, as well as international streaming agreements in the works under Par’s current CEO trio — but no details on either.

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deadline.com

12.07.2024 / 17:30

Ingrid Ciprian-Matthews To Step Down As President Of CBS News

Ingrid Ciprian-Matthews said that she was exiting CBS News, having served as president of the division for less than a year.