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Ellison Family Acquires US Media Outlets
BusinessThe Guardian9d ago

Ellison Family Acquires US Media Outlets

Billionaire father and son, the Ellisons, are reportedly buying up US media outlets. This move is discussed in the context of media criticism, including a US defense secretary's comments on CNN's coverage of the US-Israel war on Iran.

Paramount Brushes Off Predicted $1.5B “Frivolous Lawsuit” Against Ellisons, Jeff Shell & Execs; Latest Filing Alleges Trump Quid Pro Quo In WBD Deal + More
Culturedeadline28d 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, […]

Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”
Culturedeadline1mo ago

Lachlan Murdoch Says Ellison-Backed CNN Will Be “Strong Competitor” Of Fox News, But “Running News Is Hard”

Fox Corp. CEO Lachlan Murdoch said CNN’s soon-to-be stewards at Paramount are apt to reinvigorate the news network, but he expressed confidence that Fox News can withstand a potential challenge. “We have been winning, and we win amongst strong competition,” Murdoch said at the Morgan Stanley Technology, Media & Telecom Conference. “Under the Ellisons, CNN […]

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...