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Hollywood Inc.
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.
Sept. 6, 2024
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.
Sept. 25, 2024
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.
July 8, 2024
David Ellison’s acquisition of Paramount Global is just the start of a long journey to turn around the media and entertainment stalwart.
The move represents another dramatic reversal by media mogul Shari Redstone, who controls National Amusements and its 77% voting shares in Paramount Global.
July 2, 2024
Books
As famed author Harlan Ellison’s collections of speculative fiction are reissued, his longtime home offers a window into his complicated soul.
June 4, 2024
The auction for Shari Redstone’s media company heats up as Skydance signals its strong interest in a complex two-phase deal.
May 30, 2024
Controlling shareholder Shari Redstone hasn’t consented to the deal. Competing offers have come in for National Amusements, but Redstone has long favored Ellison.
June 3, 2024
Redstone, Paramount Global’s controlling shareholder, had long preferred the proposed deal to hand control of the company to Ellison, a process that has taken at least six months. But other bidders for her family’s shares have emerged.
June 11, 2024
Awards
Larry David had extraordinary runs with both ‘Seinfeld’ and ‘Curb Your Enthusiasm,’ but you would never know it from his Emmy count.
June 19, 2024