Billionaire Larry Ellison to control Paramount
Oracle billionaire Larry Ellison will control Paramount after Skydance deal: filing
The Oracle founder is backing his son’s $8 billion proposal to buy out Shari Redstone’s controlling interest in Paramount Global.
Larry Ellison to control Paramount Global after Skydance deal closes
David Ellison is poised to become Paramount Global's new CEO, but his father, Larry Ellison, will be controlling owner of the company, according to a recent federal filing.
Paramount's Redstone to reap $180 mln in severance, benefits, Bloomberg News reports
Paramount Global's chair, Shari Redstone, will receive $180 million in severance and other benefits on top of millions from the sale of her stock in National Amusements to Skydance Media, Bloomberg News reported on Thursday.
Tech Tycoon Larry Ellison Will Control Paramount Global After Skydance Deal Closes: Filing
Larry Ellison will be the majority shareholder of National Amusements Inc., which controls Paramount Global, once the Skydance deal closes.
Paramount’s Redstone to receive around $530 million between severance, benefits and sale
Redstone holds a 20% stake in National Amusements and is in line to receive about $350 million from its sale.
Paramount Chair Shari Redstone To Receive $180M In Severance, Benefits: Report
Paramount chair Shari Redstone is set to receive $180 million in severance pay following Skydance's acquisition of the movie company.
Shari Redstone to get whopping $180M in severance, benefits after Skydance deal: report
Paramount Global’s chair, Shari Redstone, will receive $180 million in severance and other benefits on top of millions from the sale of her stock in National Amusements to Skydance Media, Bloomberg News reported Thursday.
Paramount Global Cl B stock outperforms competitors despite losses on the day
The stock's fall snapped a two-day winning streak.
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IBC 2024: Pivot to Streaming Paying Off, Says Paramount Global CTO Wiser
Paramount Global is under the pump and about to be sold but its future is bright because it is successfully transferring systems from production to distribution in the Cloud, according to the ...
Paramount To Be Controlled By World's Sixth-Richest Man Larry Ellison: How Helping His Son Landed A Media Stake
Larry Ellison is helping to finance the merger between Paramount and Skydance and will get rewarded with a controlling ...
Paramount Global Cl B stock underperforms Wednesday when compared to competitors
Shares of Paramount Global Cl B PARA shed 1.09% to $9.98 Wednesday, on what proved to be an all-around great trading session ...
Paramount to Launch Australian Adaptation of BBC Sitcom ‘Ghosts’
Paramount Australia and BBC Studios Production Australia are to produce a localized Australian version of British light drama ...
Paramount Wasn't 'Hurt' by Exclusion From Venu Sports Because It's Focused on 'Multi-Genre Offering' Instead, George Cheeks Says
When Warner Bros. Discovery, Disney and Fox unveiled the concept for Venu Sports back in February, the sports streaming joint ...
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Media Buyers: Connect Is ‘A Big Win’ For Paramount But Questions About Pricing, Flexibility & Long Tail Remain
Media buyers have been calling for a converged advertising solution for years, and are naturally delighted that Paramount ...
Skydance lobbies up for Paramount merger
— While Skydance has no other federal lobbyists on its payroll, Paramount, of course, has scores of them. The company has spent more than $2.8 million on lobbying so far this year, including on ...
Stephen Colbert Says ‘All Hail Skydance,’ Calls David Ellison ‘Our Spice Lord’ as Paramount Acquisition Nears
Stephen Colbert took a moment to praise Skydance as the company comes closer to acquiring CBS parent company, Paramount.