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Hollywood Inc.
The Ellison family on Tuesday amended a filing with the Federal Communication Commission to show that Ellison, and not his father, Larry, will control their voting interest.
David Ellison is poised to become Paramount Global’s new CEO, but his father, Larry Ellison, will be controlling owner of the company, according to a recent federal filing.
Business
A former top executive in Sam Bankman-Fried’s fallen FTX cryptocurrency empire has been sentenced to two years in prison for participating in what a prosecutor said was one of the largest recent financial frauds in U.S. history.
The move represents another dramatic reversal by media mogul Shari Redstone, who controls National Amusements and its 77% voting shares in Paramount Global.
Lifestyle
When I reached midlife, I was struggling with depression and a changing body. Then I went on a quest to connect with my community — and myself.
Books
As famed author Harlan Ellison’s collections of speculative fiction are reissued, his longtime home offers a window into his complicated soul.
The day after Paramount’s board approved a merger agreement with Skydance Media, tech scion David Ellison laid out his plans for the newly-combined company.
Controlling shareholder Shari Redstone hasn’t consented to the deal. Competing offers have come in for National Amusements, but Redstone has long favored Ellison.
David Ellison’s acquisition of Paramount Global is just the start of a long journey to turn around the media and entertainment stalwart.
The auction for Shari Redstone’s media company heats up as Skydance signals its strong interest in a complex two-phase deal.