Larry Ellison’s backing of Trump’s $500B AI project could help save Paramount merger: sources
Billionaire Larry Ellison's support for Stargate, the groundbreaking $500 billion artificial intelligence infrastructure project touted by President Trump, is tied to the struggling Paramount Global and Skydance Media merger. It could help keep the wheels flowing, officials told the Post. The Oracle founder took to the stage with President Trump at the White House on […]
David Ellison’s Skydance demands Paramount stop talks with Edgar Bronfman
Skydance Media has accused Paramount Global’s special board committee of violating the terms of the deal by extending the period during which it could negotiate with other bidders, The Wall Street Journal reported Thursday. This comes after veteran media executive Edgar Bronfman Jr. made a favorable takeover bid for Paramount in exchange for $6 billion […]
David Ellison’s SkyDance Media wants to take Paramount take private
David Ellison's Skydance Media and its financial backers are reportedly considering a deal to take Paramount Global private. Skydance — the film and television studio run by Ellison, son of Oracle founder Larry Ellison — has exchanged preliminary information with Paramount. CNBC reported Wednesday night.said an anonymous source. Full due diligence has not yet begun, […]