David Ellison Set as Chairman-CEO, Jeff Shell as President of Paramount; Shari Redstone to Sell Family Empire to Skydance Media in $8 Billion Deal

The sides have made it official: David Ellison’s Skydance Media has set a deal with Paramount Global that calls for Ellison to become chairman and CEO of an enhanced Paramount while former NBCUniversal CEO Jeff Shell will take operational reins as president. “In 1987, my father, Sumner Redstone, acquired Viacom and began assembling and growing […]
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