David Ellison will soon take over as the entertainment giant’s CEO — but his mogul father, Larry, put in the $6 billion to ...

Bronfman also would contribute $1.5 billion to Paramount's balance sheet, which could be used to pay down debt, the person said. The bid adds $400 million to cover a breakup fee to end a rival deal.

Stephen Colbert took a moment to praise Skydance as the company comes closer to acquiring CBS parent company, Paramount.

The father of incoming Paramount CEO David Ellison will play a major part in the company’s new ownership structure. The ...

Software billionaire Larry Ellison will take control of Paramount Global – the owner of Network Ten in Australia – following ...

David Ellison is poised to become Paramount Global's new CEO, but his father, Larry Ellison, will be controlling owner of the ...

Larry Ellison, the megabillionaire founder of Oracle, will be the majority shareholder of National Amusements Inc., the ...

The Biden administration has launched a probe into the loyalty programmes run by the four largest US airlines aimed at making ...

The remaining 22.5% of NAI will be owned by Gerry Cardinale, head of private-equity firm RedBird Capital Partners, which teamed with Skydance and the Ellisons on the NAI/Paramount deal.