David Ellison

Discovery officially closed — that the combined company is "positioned to win in every single vertical that we operate in."

The takeover cost a total of around $81 billion (roughly €72 billion), or almost $111 billion including the Warner Bros. debts passed on as part of the deal

Now he must make tough decisions about news, movies, streaming, sports and debt

David Ellison has spent two years fighting to build his media empire

CBS Mornings airs report on Bari Weiss spiking a 60 Minutes story on CECOT

Judge Araceli Martinez-Olguin of California signed the consent decree, binding the concessions that Paramount offered to end an antitrust challenge brought by 12 states

The CEO who helped bring the “Barbie” movie to the big screen is slated to co-lead the anticipated Paramount and Warner Bros

The settlement delighted Warner Bros shareholders, but drew criticism from opponents of the merger who say it will hurt Hollywood jobs

Paramount has cleared the final hurdle in its year-long race to take over Warner Bros

Paramount Skydance Corp. has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros

John Oliver wants Paramount Skydance CEO David Ellison to know he’s a good little work baby

After Paramount called Mark Ruffalo's statement about Oracle co-founder Larry Ellison's alleged role in the Israel-Gaza war "antisemitic", the actor has responded to the claim

Stephen Colbert blasts Paramount for kowtowing to Trump's FCC over Talarico interview

The U.K.’s antitrust watchdog and culture minister on Thursday approved Paramount Skydance’s $110 billion takeover of Warner Bros

Discovery was fueled by politics rather than concerns over market share

Forbes contributors publish independent expert analyses and insights

Ashlee Difuntorum is an entertainment litigator who covers new media

Paramount Skydance and rival Warner Bros Discovery have agreed to pause their $110bn (£82.8bn) merger until June 2027 while a judge weighs upon a legal challenge against the tie-up

Military assistance totaling billions annually used to get bipartisan support in Washington

Stephen Colbert blasts Paramount for kowtowing to Trump's FCC over Talarico interview

CNN's Chief Legal Affairs Correspondent, Paula Reid, is reportedly preparing to depart from the network in anticipation of Paramount's acquisition

David Ellison, the technology heir who controls Paramount, the owner of CBS, is poised to complete a $111 billion purchase of CNN’s parent company as soon as next month

Andy Lack is a journalist, producer and former Chairman & CEO of NBC

Paramount’s $111bn takeover of Warner Bros wins US antitrust approval

The call to Ms. Stahl, made on Sunday, was one of the first signs that Mr. Ellison was personally taking steps to calm the turmoil at the news network after the firing of the show’s leadership and several of its star correspondents

Trump declares California mayoral election ‘crooked’ as his pick Spencer Pratt faces defeat

CNN exposes ridiculous MAGA conspiracy theory around Spencer Pratt and LA Mayoral race

The company is reportedly offering concessions to California regulators as scrutiny builds around its proposed acquisition of Warner Bros

Newly appointed "60 Minutes" executive producer Nick Bilton is facing scrutiny after he fired veteran anchor Scott Pelley

Several dozen veterans of CBS News — including many former 60 Minutes employees — signed a letter to the Paramount Skydance CEO, David Ellison, on Monday, pressing him to commit to the show’s editorial independence four days after network management fired several top staffers and correspondents

Executive producer Tanya Simon will be leaving about a year after being named to the job following 30 years at the venerable Sunday evening program

CNN journalist Christiane Amanpour voiced discomfort with the possibility of Paramount Skydance taking over her outlet if the cable channel’s parent company is allowed to merge with the David Ellison-led media conglomerate

Paramount Skydance executives hosted President Donald Trump and other top administration officials for a private dinner in the nation’s capital on Thursday — as the corporation awaits federal approval on a deal to acquire Warner Bros

Warner Bros investors back £82bn Paramount takeover

The sentiment is one that rang true all week, as studios, including Paramount, brought their top stars and directors to the stage to give sneak peeks at their upcoming slates

The 61-year-old action star first played the character in 1986’s Top Gun and returned in 2022 for Top Gun: Maverick, which was a massively successful box office hit grossing $1.496 billion worldwide

The film — and a surprise appearance by Mr. Ellison at the presentation — was part of an effort to convey that Paramount Pictures is a friend to the movie community, which has been skeptical of its $111 billion bid to buy Warner Bros

Stephen Colbert blasts Paramount for kowtowing to Trump's FCC over Talarico interview

Candidates from the opposition Tisza party are showing strong chances of defeating long-serving MPs from Prime Minister Viktor Orbán;s ruling Fidesz party in several key constituencies ahead of Hungary's parliamentary elections on 12 April

It ​was not immediately clear which business units or shows were ​affected by the layoffs

Federal Communications Commission (FCC) chair Brendan Carr issued a warning to the media on Saturday calling on networks to "correct course" before their license renewals come up

Another six American crew members died Thursday when their KC-135 aerial refueling plane supporting the war efforts collided with another aircraft and crashed in western Iraq

Paramount, NFL Negotiating Price Increase For Games, CNBC Says

Pete Hegseth berated the media over what he called 'fake headlines' about the war with Iran while dodging questions about how Donald Trump plans to stop Tehran from attacking the Strait of Hormuz

The remarks came days after Netflix abruptly withdrew from a months-long bidding war for Warner Bros

Paramount Skydance chief David Ellison sought Thursday to calm fears over the future of CNN, pledging to protect the news network's editorial independence as his company closes in on a landmark takeover of Warner Bros

Ellison made the comments after Paramount finalized the $100 billion, or $31-per-share, bid for Warner Bros by signing an agreement early on Friday, after Netflix declined to raise its offer

The deal was inked just a day after Netflix abruptly announced it was pulling out of the bidding war for Warner Bros

A potential deal between the two major companies cleared one of its biggest hurdles Thursday after Netflix, which has for months competed to acquire WBD, decided to walk away from negotiations

After-hours prices climbed to around $92, with some platforms showing peaks near $92.56, reflecting strong investor approval of Netflix's decision to avoid an expensive escalation

A potential deal between the two major companies cleared one of its biggest hurdles Thursday after Netflix, which has for months competed to acquire WBD, decided to walk away from negotiations

Discovery opened the door on Tuesday to Paramount Skydance after the rival bidder raised its offer to $31 per share

At issue is control of Warner Bros’ treasure trove of assets: its storied film and television studios, a deep content catalogue, and blockbuster franchises such as "Game of Thrones," "Harry Potter," and DC Comics icons Batman and Superman

The tensions escalated after she abruptly pulled a "60 Minutes" segment covering migrants sent to the El Salvador prison CECOT by the Trump administration hours before it was set to air

Netflix capped last year with another solid financial performance despite slowing subscriber growth that underscored the importance of its contested $72 billion bid to take over Warner Bros

As per Variety, David Ellison's Paramount on Monday also announced plans to nominate its own slate of directors "who, in accordance with their fiduciary duties, will exercise WBD's right under the Netflix Agreement to engage on Paramount's offer and enter into a transaction with Paramount."

Paramount amended its hostile takeover bid in mid-December to include an over-$40 billion personal financing guarantee from tech titan Larry Ellison, an ally of US President Donald Trump