Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors, with about 38.5% of the equity in the new company held by a trio of Middle Eastern funds. In a filing Monday with the FCC, Paramount said Saudi Arabia’s Public Investment Fund will have a 15.1% equity stake; the United […]
Paramount Skydance said the merged Paramount-Warner Bros. Discovery will be 49.5% owned by foreign investors, with about 38.5% of the equity in the new company held by a trio of Middle Eastern funds. In a filing Monday with the FCC, Paramount said Saudi Arabia’s Public Investment Fund will have a 15.1% equity stake; the United […]
President Donald Trump delivered remarks for about an hour at the dinner party David Ellison hosted in Washington, D.C., on Thursday evening “honoring” Trump — and intended to celebrate the First Amendment, sources told Variety. Ellison organized the event in Trump’s honor (as well as to recognize CBS News’ White House reporters) as his Paramount […]
President Donald Trump delivered remarks for about an hour at the dinner party David Ellison hosted in Washington, D.C., on Thursday evening “honoring” Trump — and intended to celebrate the First Amendment, sources told Variety. Ellison organized the event in Trump’s honor (as well as to recognize CBS News’ White House reporters) as his Paramount […]
Paramount Skydance chairman and CEO David Ellison, who is in the midst of trying close a massive deal to buy Warner Bros. Discovery, had a pay package worth $63.2 million last year — mostly in stock that vests over five years. Jeff Shell, who resigned as Paramount’s president earlier this month to “focus” on a […]
Paramount Skydance chairman and CEO David Ellison, who is in the midst of trying close a massive deal to buy Warner Bros. Discovery, had a pay package worth $63.2 million last year — mostly in stock that vests over five years. Jeff Shell, who resigned as Paramount’s president earlier this month to “focus” on a […]
🚢 Plus: Trump orders Navy to ‘shoot and kill’ mine-laying boats {beacon} Happy Thursday. Did you miss the first drop of Olympic tickets? Well, the lottery just opened for the second ticket drop! Does anyone have any tips for how to get women’s gymnastics tickets? 🤞 In today's issue: Warner Bros. Discovery votes to...
🚢 Plus: Trump orders Navy to ‘shoot and kill’ mine-laying boats {beacon} Happy Thursday. Did you miss the first drop of Olympic tickets? Well, the lottery just opened for the second ticket drop! Does anyone have any tips for how to get women’s gymnastics tickets? 🤞 In today's issue: Warner Bros. Discovery votes to...
On today’s episode of “Daily Variety” podcast, Erik Gordon, a professor at the University of Michigan’s Ross School of Business, breaks down the Warner Bros. Discovery sale saga as the company’s shareholders prepare to vote on the sale to Paramount Skydance. Gordon, who studies mergers and acquisitions and has used Warner Bros. Discovery as a […]
On today’s episode of “Daily Variety” podcast, Erik Gordon, a professor at the University of Michigan’s Ross School of Business, breaks down the Warner Bros. Discovery sale saga as the company’s shareholders prepare to vote on the sale to Paramount Skydance. Gordon, who studies mergers and acquisitions and has used Warner Bros. Discovery as a […]
On today’s episode of “Daily Variety” podcast, Variety’s Todd Spangler details the growing opposition within media and entertainment to Paramount Skydance’s acquisition of Warner Bros. Discovery. And Marc Malkin talks to documentary filmmaker Morgan Neville about his Focus Features documentary “Lorne,” about the enigmatic “Saturday Night Live” leader. Actor Mark Ruffalo delivered a passionate statement via […]
On today’s episode of “Daily Variety” podcast, Variety’s Todd Spangler details the growing opposition within media and entertainment to Paramount Skydance’s acquisition of Warner Bros. Discovery. And Marc Malkin talks to documentary filmmaker Morgan Neville about his Focus Features documentary “Lorne,” about the enigmatic “Saturday Night Live” leader. Actor Mark Ruffalo delivered a passionate statement via […]
Mark Ruffalo warned of “devastating” effects on film, TV and the news media if Paramount Skydance completes its takeover of Warner Bros. Discovery. Ruffalo, who is among the 2,000-plus Hollywood signatories of an open letter seeking to block the deal, spoke Wednesday via videoconference at a hearing called by Sen. Cory Booker (D-New Jersey), the […]
Mark Ruffalo warned of “devastating” effects on film, TV and the news media if Paramount Skydance completes its takeover of Warner Bros. Discovery. Ruffalo, who is among the 2,000-plus Hollywood signatories of an open letter seeking to block the deal, spoke Wednesday via videoconference at a hearing called by Sen. Cory Booker (D-New Jersey), the […]
Sen. Cory Booker, Democrat of New Jersey, is holding a “spotlight hearing” Wednesday in Washington about Paramount Skydance’s proposed $111 billion deal to acquire Warner Bros. Discovery. David Ellison, Paramount’s chairman and CEO, will not be able to attend the hearing because of a death in the family, according to the company. “Regretfully, Mr. Ellison […]
Sen. Cory Booker, Democrat of New Jersey, is holding a “spotlight hearing” Wednesday in Washington about Paramount Skydance’s proposed $111 billion deal to acquire Warner Bros. Discovery. David Ellison, Paramount’s chairman and CEO, will not be able to attend the hearing because of a death in the family, according to the company. “Regretfully, Mr. Ellison […]
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