Latest in David Ellison

Paramount Global is pushing ahead with asset sales and bankers are in the house as it sets out to streamline and raise cash to pay down debt. Its three co-CEOs confirmed as much Tuesday at a company town hall with staff. Lots of things are being explored. Deadline hears there's early chatter about…

Share of Paramount Global hit a milestone today, and not a good one. The stock price fell below $10 intraday, changing hands at $9.91 just now, down 2% from Friday. It’s never dipped below ten bucks since Viacom and CBS merged in December of 2019, making this an all-time low after David Ellison’s…

Sumner Redstone earned renown as both dealmaker and deal breaker (he once said he'd fired Tom Cruise). His daughter, Shari, seems to have inherited only part of his skill set. Flash back 50 years: The Beverly Hills dinner party was lavish. The mood among the Hollywood power players was upbeat. Gossip…

This just in tonight from Skydance Boss David Ellison as Paramount Global controlling shareholder Shari Redstone says “No” to Skydance’s offer to buy National Amusements. The Top Gun: Maverick and Geostorm producer has acknowledged to staff that Skydance’s bid to merge with Paramount has ended…

When David Ellison's Skydance made a play for Paramount last fall it was how and when (not if) Shari Redstone would tie the knot. Paramount and Skydance worked together. He valued the studio and its crown jewel of a backlot and planned to keep the company together. He was offering her a nice bundle of…

After months of negotiations, Paramount Global’s controlling shareholder Shari Redstone has broken off merger talks with David Ellison’s Skydance. National Amusements has “not been able to reach mutually acceptable terms regarding the potential transaction with Skydance Media for the acquisition of a…

Yet another name has surfaced in the Paramount Global scrum as former entertainment executive and beverage billionaire Edgar Bronfman Jr. is eyeing control of the company in a deal scenario with multiple moving pieces, even as Shari Redstone’s camp remains deep in talks with Skydance. Takeover…

Shares of Paramount Global edged lower Thursday, day three in the red, amid lingering uncertainty around Skydance’s latest offer. With bigger than anticipated sweeteners for Class B shareholders, it was approved by Par's special board committee and sent on to controlling shareholder Shari Redstone but…

As Paramount Global controlling shareholder Shari Redstone mulls the terms of a merger between her conglom and Skydance, the network/studio/streaming service trotted out their best and brightest CEO troika this early AM in annual global stockholders meet to tout their hit parade of 14 billion dollar…

David Ellison’s Skydance has sweetened its offer to acquire Paramount Global, Deadline has learned, in an attempt to make it more palatable to the company’s Class B stockholders after they trashed the outlines of a previous deal and threatened to sue. Ellison’s original offer was to buy out Par’s…

Shares of Paramount Global dipped in afternoon trading on a CNBC report that Sony may be “rethinking” a joint bid with Apollo for the company. A person familiar with the situation said there’s no indication Sony is pulling out of a deal. And the CNBC report noted that the “rethinking” may mean a…

Another big Hollywood name rooting for a Paramount-Skydance deal is Jeffrey Katzenberg, who says that outcome would be "a great win for Paramount and for people in the industry." Speaking a the Axios BFD Talks: LA this evening, the DreamWorks co-founder and former Walt Disney Studios head…