NYT Summary – Meet David Ellison, the CEO of Skydance and Paramount’s New Owner

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Over the Paywall – Good Info News Wire

Key Facts

  • David Ellison is merging Skydance Media with Paramount, creating a media empire that includes CBS, MTV, and Paramount Studios.
  • Skydance Media, valued at over $4 billion, has co-produced major hits with Paramount such as “Top Gun: Maverick” and “Mission: Impossible” series.
  • Ellison’s family, including Larry Ellison and Megan Ellison, have significant roles and influence in Hollywood, with Larry Ellison backing Skydance’s bid for Paramount.

Article Summary

David Ellison, known for producing high-octane blockbusters, is merging Skydance Media with Paramount after extensive negotiations. This merger will position him at the helm of a vast media empire encompassing CBS, MTV, and Paramount Studios. Skydance Media, valued over $4 billion, has produced major hits like “Top Gun: Maverick” and has strong ties with Paramount, Netflix, and Amazon. Ellison’s family plays a notable role in Hollywood, with his father Larry Ellison backing the merger and his sister Megan Ellison running Annapurna. David Ellison’s plans for Paramount include enhancing streaming capabilities and leveraging Skydance’s expertise in tech and animation.

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