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David Ellison

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Ellison pitches California-first pathway for Paramount-Warner merger
business23 days ago

Ellison pitches California-first pathway for Paramount-Warner merger

David Ellison argues in a letter to California lawmakers that a Paramount-Warner Bros. Discovery merger could strengthen Hollywood and protect jobs if the studios remain separate, outlining commitments such as a 15-film annual slate per studio, licensing to third parties, a 45-day theatrical window, and longer post‑theatrical VOD windows; he also proposes expanding LA operations post‑Skydance deal and backing tax incentives to keep production domestic, with lawmakers demanding measurable pledges.

via The Hollywood Reporter|
#business#california#david-ellison
Paramount Confronts $1.5B Lawsuit Tied to Trump Promise in WBD Bid
business24 days ago

Paramount Confronts $1.5B Lawsuit Tied to Trump Promise in WBD Bid

Paramount said the $1.5 billion lawsuit accusing top executives and shareholders of pressuring its Warner Bros. Discovery bid is frivolous, after the filing claimed a direct Trump assurance to Larry Ellison to back Paramount’s pursuit of WBD. The lawsuit expands on prior allegations about media leaks and deals, while Jeff Shell and his wife Laura Shell counterclaim against plaintiff R.J. Cipriani. A Gibson Dunn probe into Shell’s statements continues, underscoring ongoing legal wrangling as the case unfolds.

via Deadline|
#business#david-ellison#jeff-shell
Hegseth Pushes Ellison-CNN Takeover, Sparking Media-Influence Debate
politics28 days ago

Hegseth Pushes Ellison-CNN Takeover, Sparking Media-Influence Debate

At a Friday briefing, Pentagon Secretary Pete Hegseth derided what he called 'fake' news about the Iran war and openly urged David Ellison—son of billionaire Trump donor Larry Ellison—to take over CNN, a move tied to Ellison’s Paramount Skydance bid for CNN’s parent company. The remarks come amid ongoing controversy over media coverage of the war and a broader push that critics say could increase state-media influence, especially as transparency and access debates continue.

via Common Dreams|
#cnn#corporate-media#david-ellison
Ellison Addresses Warner Executives, Urges Focus on HBO Standard Amid Merger Push
business1 month ago

Ellison Addresses Warner Executives, Urges Focus on HBO Standard Amid Merger Push

Paramount Skydance CEO David Ellison addressed roughly 160 Warner Bros. Discovery executives (with 300+ joining remotely) about Paramount’s pending $111 billion deal for WBD, saying the turbulent pre-merger phase is behind them and outlining a plan for about 30 films per year across the combined studios. He praised HBO as “the gold standard” in TV, noted about $6 billion in cost savings without giving specific layoffs due to gun-jumping rules, and flagged discussions on the future of HBO Max/Paramount+ and CNN’s editorial independence. Paramount expects the deal to close in Q3 2026 and has a ticking fee of $0.25 per share per quarter until completion.

via Variety|
#business#david-ellison#hbo
Paramount Skydance Unveils a Tech-Forward Makeover Ahead of WBD Talks
business1 month ago

Paramount Skydance Unveils a Tech-Forward Makeover Ahead of WBD Talks

David Ellison is reshaping Paramount Skydance into a tech‑forward, content‑driven powerhouse and pursuing a mega‑merger with Warner Bros. Discovery. The plan includes upgrading streaming technology, launching short‑form vertical video and multiview sports, unifying Paramount+ with Pluto TV (and potentially HBO Max after a deal closes), reorganizing leadership, hiring key executives, and expanding data analytics, all while navigating about $79 billion in debt and scrutiny over how politics and investors may influence the company.

via Business Insider|
#business#convergence#david-ellison
Netflix Exits Warner Bros. Deal as Ellison Pushes $111B Bid
business1 month ago

Netflix Exits Warner Bros. Deal as Ellison Pushes $111B Bid

Netflix pulled out of its $82.7 billion bid to acquire Warner Bros. studios after David Ellison’s Paramount–Skydance sweetened the offer to about $111 billion, taking on substantial debt. Ted Sarandos explained the move in a Bloomberg interview, denying that Trump or regulators drove the decision, and noted new, constructive dialogue with theater operators and potential future collaborations (e.g., selective theatrical runs) as the industry recalibrates around the deal’s upheaval.

via The Hollywood Reporter|
#business#david-ellison#netflix
Ellison Dynasty Wins CNN Takeover Bid, Promising a Trump-leaning Shakeup
media1 month ago

Ellison Dynasty Wins CNN Takeover Bid, Promising a Trump-leaning Shakeup

MAGA-aligned billionaires Larry Ellison and his son David, via Paramount Skydance, have topped Netflix in a bidding war to acquire Warner Bros. Discovery, taking control of CNN and HBO with a $31-per-share offer and signaling a MAGA-friendly leadership shift, including reports that Bari Weiss could helm CNN; Netflix declined to match, clearing the path for Paramount Skydance to own CNN and its subsidiaries.

via The Daily Beast|
#cnn#david-ellison#larry-ellison
CBS News Shakeup Shrinks 60 Minutes After Cooper Departure
media1 month ago

CBS News Shakeup Shrinks 60 Minutes After Cooper Departure

CBS News Editor-in-Chief Bari Weiss’s overhaul at 60 Minutes has coincided with Anderson Cooper’s exit, with reports that at least one other correspondent could depart as the show is reduced to six anchors; Alfonsi’s looming contract expiry and planned staff cuts add to concerns that loyal viewers may follow the departing stars as CBS shifts to a more conservative-leaning direction.

via The Daily Beast|
#60-minutes#anderson-cooper#bari-weiss
Paramount’s Ellison Promises Theatrical Windows, HBO Protections in WBD Bid
business2 months ago

Paramount’s Ellison Promises Theatrical Windows, HBO Protections in WBD Bid

David Ellison, Paramount’s CEO, published an open letter to UK creatives urging support for Paramount’s bid to acquire Warner Bros. Discovery. He lays out commitments if the deal goes through: preserve HBO as an independent unit, boost annual output to about 30 high‑quality films across Paramount and Warner Bros. Studios, keep licensing content to third‑party platforms, ensure every film has a full theatrical release with a 45‑day window before paid VOD (60–90 days for top titles), and follow established home‑video windows. Ellison frames these terms as maintaining competition against Netflix and expanding creative output while protecting the film industry’s ecosystem.

via The Hollywood Reporter|
#business#david-ellison#netflix
Ellison Keeps Up the Pressure: Paramount-WBD Bid Framed as Pro-Competition, Takes Swing at Netflix
business2 months ago

Ellison Keeps Up the Pressure: Paramount-WBD Bid Framed as Pro-Competition, Takes Swing at Netflix

Paramount CEO David Ellison published an open letter to the UK creative community pledging to invest in content, keep HBO independent, and sustain a robust 30-film-per-year output with a 45-day theatrical window as Paramount pursues a Warner Bros. Discovery deal. He frames the merger as a way to strengthen competition against dominant platforms and explicitly targets Netflix’s path, while Netflix maintains confidence in regulatory approval. The letter emphasizes pro-competition, pro-creative community, and pro-consumer goals.

via Deadline|
#business#david-ellison#hbo