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Results for "David Ellison"

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Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More
Culturedeadline21d ago

Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More

An annoying thing happened to David Ellison and Paramount today on the way to taking over Warner Bros Discovery — he got sued for $1.5 billion over a beef a self-declared confidant of Jeff Shell’s has with the Paramount president. As exclusively reported by Deadline on March 16, the wide ranging lawsuit against the CEO, […]

Paramount CEO David Ellison Says CNN Independence Needs To Be Maintained
Culturedeadline1mo ago

Paramount CEO David Ellison Says CNN Independence Needs To Be Maintained

Paramount CEO David Ellison called CNN “an incredible brand with an incredible team” and said, “we absolutely believe in the independence that needs to be maintained obviously for those incredible journalists, and we want to support that going forward.” “We’re going to invest in the news business. And we think this transaction will be a […]

The Paramount-Warner Bros mega-merger still has a few hurdles to get over
BusinessThe Guardian1mo ago

The Paramount-Warner Bros mega-merger still has a few hurdles to get over

The $110bn deal will require approval from regulatory authorities in the US, the EU and the UK Champagne reportedly flowed at Paramount Skydance headquarters late last week after the media conglomerate edged out Netflix to acquire the entirety of Warner Bros Discovery for a cool $110bn. And on a call with analysts and investors on Monday morning, David Ellison, Paramount Skydance’s chief executive, said the company was “absolutely confident” that the merger will expeditiously pass regulatory ...

Paramount Submits Revised Bid for Warner Bros. Discovery
CultureNYTcnbcaktualne-cz+7Business InsiderobservadorYahoovarietyhollywood-reporterdeadlineseeking-alpha1mo ago10 sources

Paramount Submits Revised Bid for Warner Bros. Discovery

Warner Bros. Discovery has confirmed receiving a revised, reportedly sweetened, bid from Paramount/Skydance, initiating a new phase in acquisition negotiations.

Netflix Officially Under DOJ Antitrust Scrutiny “To Create A Monopoly” With Warner Bros Merger; Feds Want Details From Producers & Filmmakers On Streamer’s Leverage
Business1mo ago

Netflix Officially Under DOJ Antitrust Scrutiny “To Create A Monopoly” With Warner Bros Merger; Feds Want Details From Producers & Filmmakers On Streamer’s Leverage

After months of jabs and feints, the white gloves may have truly come off in Netflix and Paramount’s multibillion-dollar battle for control of Warner Bros. Discovery. With just 24 hours left to go on the WBD board’s weeklong talks with the David Ellison-owned company and its “best and final offer” in the $108 billion hostile […]

Warner Bros. Discovery Sets April 23 Shareholder Vote on Paramount Deal
Culturemarketwatchvarietyhollywood-reporter+2deadlineseeking-alpha12d ago5 sources

Warner Bros. Discovery Sets April 23 Shareholder Vote on Paramount Deal

Warner Bros. Discovery has scheduled a special shareholder meeting for April 23 to vote on the proposed sale to David Ellison’s Paramount Skydance, a critical step in the acquisition process, with the sale moving full steam ahead.

Culturehollywood-reporter28d ago

David Zaslav Gets the Last Laugh

The Warner Bros. mogul’s $111 billion deal with David Ellison reveals the next stage of the business: The rich get richer, the big get bigger and everybody else is left in the dust.

Netflix is getting a bunch of cash from its broken WBD deal. We've got some ideas on what it can do with it.
BusinessBusiness Insider1mo ago

Netflix is getting a bunch of cash from its broken WBD deal. We've got some ideas on what it can do with it.

Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune. Rich Polk/2026GG/Penske Media via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Paramount is setting the stage. David Ellison has turned Paramount from an aging legacy media brand into arguably the biggest threat to streaming juggernaut Netflix i...

Paramount’s $110 Billion Warner Bros Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns
CultureTimes of Indiavariety1mo ago2 sources

Paramount’s $110 Billion Warner Bros Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns

Paramount Skydance’s $110 billion bid for Warner Bros. Discovery is not just a Hollywood deal. Powered by $24 billion from sovereign wealth funds in Saudi Arabia, Qatar and Abu Dhabi, the proposed merger is sparking debate over soft power, influence and media independence at a company that includes CNN and HBO. Saudi Arabia’s Public Investment […]

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming
Culturedeadline1mo ago

David Ellison Says WBD Merger Will Enable Paramount To Challenge Netflix In Streaming

Paramount CEO David Ellison says the company’s pending merger with Warner Bros. Discovery will give it the scale it needs to compete with Netflix. “We will combine the streaming portfolios of the two companies into one stronger platform over the coming years,” Ellison told Wall Street analysts Monday on a conference call to discuss the […]

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain
Culturedeadline1mo ago

“Not A Done Deal”: California AG Warns Paramount + WBD Merger Far From Certain

The champagne corks may be popping right now at Paramount over the David Ellison-owned company’s successful bid for Warner Bros Discovery, but up in Sacramento the mood is far from celebratory  over the latest possible Hollywood mega-merger. “Paramount/Warner Bros is not a done deal,” California Attorney General Rob Bonta told Deadline this evening after Netflix […]

David Ellison's Paramount has some breathing room in its quest to buy WBD despite a pressing deadline
Businessberlingskele-figaromarketwatch+3Business Insiderchannel-news-asiamyjoyonline1mo ago6 sources

David Ellison's Paramount has some breathing room in its quest to buy WBD despite a pressing deadline

Paramount Skydance CEO David Ellison has had his sights on Warner Bros. Discovery for months. Gilbert Flores/Variety via Getty Images; Mario Tama/Getty Images Paramount Skydance is coming up against a key deadline in its pursuit of Warner Bros. Discovery. David Ellison's media company doesn't need to raise its bid just yet, however. The crucial WBD shareholder vote isn't until March 20, giving the Ellisons extra time if they need. Paramount Skydance is staring down a key deadline in its pur...

Culturehollywood-reporterdeadline1mo ago2 sources

Netflix Banks A Quick $2.8 Billion As Paramount Pays WBD Termination Fee; Streamer’s Shares Rise Another 14%

Things in media M&A land continue to move fast with Netflix revealing this afternoon that it is $2.8 billion richer after receiving the fresh cash from Paramount. The David Ellison company’s Superior Proposal for Warner Bros. Discovery, which was accepted by the WBD board, included paying out the termination fee if WBD walked away from […]

David Ellison Emerges as a Major Hollywood Player
Businessle-figaronaftemporiki1mo ago2 sources

David Ellison Emerges as a Major Hollywood Player

At 42, David Ellison, son of Oracle founder Larry Ellison, has significantly expanded his influence in Hollywood, outbidding Netflix for a major Burbank studio less than a year after acquiring Paramount.