David Ellison, 41, would not be the first rich guy to arrive in Hollywood with a fat bank account and dreams of making movies, though the son of billionaire Oracle founder Larry Ellison boasts the rarest of attributes for a budding media mogul: a Silicon Valley pedigree. In an industry where many get their start fetching coffee or moving props, Ellison spent summers writing computer code for his father's software company and getting insights on the movie business from Pixar Animation Studios...
David Ellison, son of Oracle's Larry Ellison, is nearing a deal to buy Paramount. Ellison loves flying, a hobby he enjoyed with his father back when he was a teen. His Skydance Media has bankrolled blockbusters like 'Top Gun: Maverick'
When David Ellison, the mega-rich aerobatic pilot and Ferrari-driving son of multibillionaire Oracle co-founder Larry Ellison landed in Hollywood, he was viewed as yet another trust fund scion with Klieg lights in his eyes and an enviable bank account. Unlike most Hollywood neophytes of his ilk, however, Ellison did not flame out in ignominy or retreat much poorer for his efforts. Rather, Ellison (after a few hiccups) launched Skydance Media, a successful Santa Monica-based production company...
Paramount had decent first quarter in the midst of merger talks with Skydance as revenue rose and losses - especially in streaming -- narrowed.
After being rumored over the weekend, Bob Bakish is now officially out as CEO of Paramount Global, the company announced on Monday. His exit comes after nearly three decades at Paramount Global and Viacom. Three of the company’s divisional heads will take over Bakish’s duties via what’s being dubbed the ‘Office of the CEO’. Those […]
Amid the M&A drama enveloping Paramount Global, Bob Bakish is about to step down as CEO after eight years at the helm of Shari Redstone’s media empire. Bakish is expected to resign under pressure as early as Monday. The executive has been with Paramount and its Viacom predecessor since 1997. He was recruited by Redstone […]
Hollywood giant Paramount is replacing its previous boss with a trio of managers in the midst of merger negotiations. Instead of chief executive officer Bob Bakish, the three top managers of the various divisions are to lead the group, Paramount said. “To lead and oversee the company moving forward, Paramount Global has established an […]
George Cheeks, Chris McCarthy, Brian Robbins comprise new Office of the CEO.
/PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced financial results for the first quarter ended March 31, 2024. Please visit the Paramount
The Redstone family and independent film producer David Ellison have both
The Redstone family and independent film producer David Ellison have both
(Bloomberg) -- The Redstone family and independent film producer David Ellison have both offered concessions to make a possible change in control at Paramount Global more appealing to the company’s other investors, according to a person familiar with the talks.Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoBlade to Offer Luxury Bus Service to Hamptons at Fare Up to $275BHP’s $39 Billion...