Billionaire entertainment executive Edgar Bronfman Jr. has bowed out of his long-shot bid to gain control of Paramount Global, clearing the way for David Ellison’s Skydance Media to claim the prize. The move comes less […]
Paramount Global launched a deep round of staff cuts Tuesday, a move aimed at eliminating nearly 2,000 jobs by year’s end as the company prepares for a new ownership regime. Company leaders announced last week […]
We love it when companies buy each other, don’t we folks? We can all agree Disney buying 900 things has been great for the entertainment landscape, consumerism, and society as a whole. Why yes, I […]
For seven months, media mogul Shari Redstone agitated for Paramount Global’s leaders to embrace her plan to hand the storied media company to tech scion David Ellison. Paramount then-Chief Executive Bob Bakish and several board […]
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 […]
David Ellison’s Skydance Media and its investment partners have increased their offer to Paramount Global board members, signaling the technology scion’s strong intent to take over the storied media company. Two people close to the […]
Photo Credit: slgckgc / CC by 2.0 Tim McGraw launches ‘Down Home’ a new media, entertainment, and marketing company with backing from Skydance. Country superstar Tim McGraw has announced the launch of Down Home, a […]