41-year-old David Ellison, CEO of Skydance, agreed to merge with Paramount for $8.4B, gaining control of CBS, MTV, and Paramount movie studio.
41-year-old David Ellison, CEO of Skydance, struck a deal to merge with Paramount, securing control of a sprawling media empire including CBS, MTV, and Paramount movie studio. If the $8.4 billion deal closes, Ellison, son of Oracle co-founder Larry Ellison, will take charge of a combined media operation. David Ellison's Hollywood journey has been marked by high-octane blockbusters, and this acquisition marks his biggest career move yet.
July 07, 2024
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