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Skydance Media CEO David Ellison Makes Offer For Control Of Paramount Global
David Ellison’s Skydance is said to have made a preliminary offer to buy Shari Redstone’s stake in National Amusements, the family holding company that controls Paramount Global, according to a Blo…
David Ellison ’s Skydance is said to have made a preliminary offer to buy Shari Redstone ’s stake in National Amusements, the family holding company that controls Paramount Global, according to a Bloomberg report. Rumors about a Paramount deal have heated up as the company’s financials are strained due to streaming losses, the ongoing decline of linear television and a weak ad market. The fast-growing studio is a financier and producer on Paramount films including the smash Top Gun: Maverick, TV series and an animation division that has a multi-year deal with Netflix.
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