Paramount deal thrusts David Ellison into Trump’s war with US media
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8 Articles
Skydance to bring "performance-based culture" to CBS News
The virtual reality-augmented reality news set at WBBM-TV in Chicago. (Photo courtesy CBS News & Stations/Paramount Global) Skydance Media and its CEO David Ellison are set to reinstitute a “performance-based culture” at CBS News when the company’s $8 billion merger with Paramount is finalized next year. That is according to a high-level source close to Ellison who spoke with the Financial Times this week, who said the journalistic mission of CB…
David Ellison Thrust Into Trump’s War on the Media
“David Ellison’s $8 billion takeover of Paramount, approved last week by Donald Trump’s media regulator, capped a year-long pursuit and vaulted the movie producer into the top tier of Hollywood power,” the Financial Times reports. “But what should have been a triumphant corporate coup has instead pulled the son of Oracle billionaire Larry Ellison into a political storm, as the U.S. president seeks to assert control over the country’s media.”
David Ellison, son of multi-billionaire Larry Ellison, has had relations with Paramount for the past 15 years as a producer of
How Larry Ellison And David Ellison Pulled Off The Paramount Deal
David Ellison, son of software centi-billionaire Larry Ellison, nurtured a relationship with Paramount over the past 15 years as a movie producer. His father’s fortune and political status also scored points. The Federal Communications Commission greenlit the $8 billion merger between Paramount and Skydance Media on Thursday, 383 days after the deal was first announced. The merger, which is set to close on August 7, will transform Larry Ellison,…
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