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Paramount-Skydance Deal: Top Execs On Wooing Talent, Boosting Streaming And The Mantra That Persuaded Shari Redstone: “Don’t Take It Private, Break It Up And Kill It”
Skydance and backer RedBird Capital spoke to reporters about negotiations, streaming plans, Larry Ellison's role and other Paramount merger topics.
One question on the minds of many: After years of struggle, with deep-pocketed tech titans able to pay more to lure away talent, how will the recapitalized Paramount make its pitch to the creative community? “When you create that culture of creativity and set a high bar, it’s our hope that the most talented people in the whole world will want to call Paramount home,” Skydance CEO David Elliuson said. Jeff Shell, a senior RedBird exec and former NBCUniversal CEO who is in line to become president of Paramount when the deal closes, cited a stream of back-and-forths with talent on emails and texts in recent months.
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