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David Ellison Says Tom Cruise Supports Skydance-Paramount Merger, Calls Outreach From Hollywood “Remarkable And Humbling”
Skydance's David Ellison says Tom Cruise supports the Paramount merger and calls outreach from the entertainment community "remarkable and humbling.”
Skydance CEO David Ellison said Tom Cruise of Paramount ’s Mission Impossible and Top Gun franchises “is supportive of the planned merger and that the “outreach that we have received from the entertainment community has been pretty remarkable and humbling.” “There could be a pathway here for this to be a lot tighter and quicker in the review process, but it’s not in our control,” said Gerry Cardinale of RedBird Capital, Skydance’s partner and investor in the deal, who appeared with Ellison on CNBC. The deal calls for Skydance and backers including Larry Ellison and RedBird to acquire Shari Redstone’s family holding company National Amusements, which controls Paramount.
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