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David Ellison Will Hold Full Control of Combined Paramount-Skydance Following Deal Close, per Updated Filing
David Ellison will hold 100% percent of the Ellison family’s voting interests in the newly combined Skydance-Paramount, per an updated filing.
Skydance Media submitted an updated FCC filing to reflect that David Ellison, CEO of Skydance, will hold 100% percent of the Ellison family’s voting interests in the newly combined Skydance-Paramount. Pinnacle Media Ventures, formed as special purpose vehicles to hold the Ellison family’s interest inNAI and Paramount, will own 77.5% of National Amusements. The remaining 22.5% of NAI will be owned by Gerry Cardinale, head of private-equity firm RedBird Capital Partners, which teamed with Skydance and the Ellisons on the NAI/Paramount deal.
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