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Paramount, CBS and David Ellison

New Paramount CEO Admits ‘Challenging Period’ For CBS News

The company’s new CEO, David Ellison, acknowledged the merger’s bumpy road in an open letter addressed to the company’s employees, shareholders and customers on Thursday. While most of the letter uses corporate-speak to look optimistically ahead, Ellison briefly broke character as he reflected on the company’s news division.

New Paramount CEO David Ellison Acknowledges “Challenging Period” For CBS News, Praises Its “Long Tradition Of Impactful Reporting”

David Ellison, the new CEO of Paramount, referred to what he called a “challenging period” for CBS News, while praising the division’s “long tradition of impactful reporting,” including the legacy of 60 Minutes.

Variety on MSN · 29m

Paramount Sets Pay for New CEO David Ellison, President Jeff Shell

Paramount has set the base salaries for its new C-suite on the heels of Skydance closing its $8 billion acquisition of the media giant. David Ellison, founder of Skydance and now CEO of Paramount, will receive a base salary of $3.

Skydance Closes $8 Billion Paramount Acquisition

CNN on MSN · 35m

Inside the first day of Paramount’s new regime under David Ellison

Ellison spoke with CBS journalists on his first day, acknowledging the stresses of the past year and touting the importance of “fact-based journalism,” a person in attendance said.

Variety on MSN · 3h

Skydance Closes $8 Billion Paramount Acquisition: ‘Today Marks Day One of a New Paramount,' David Ellison Says

David Ellison's Skydance Media has closed its $8 billion merger with Paramount Global to create new company Paramount, a Skydance Corporation, the company announced Thursday. The finalization of the acquisition follows the FCC’s July 24 approval of the deal,

Business Insider on MSN · 18h

Paramount's deal with Skydance is finally closed: Here are 6 questions for its new owners.

The $8 billion Skydance and Paramount Global deal, led by David Ellison, is finally a reality. Ellison plans to revitalize Paramount amid streaming disruption and potential political challenges. He faces big questions about how to manage linear decline,

2don MSN

Donald Trump Goes After Gayle King In Latest Rant Over A CBS Figure As Skydance-Paramount Deal Nears Completion

The list of mainstream news figures that Donald Trump hasn’t gone after continues to dwindle. On Monday night, Trump turned ...

1h

Ellison outlines vision for new Paramount with focus on content and technology

Paramount's new chairman and chief executive, David Ellison, outlined a plan to transform the century-old entertainment ...

2hon MSN

New Paramount's David Ellison, Jeff Shell Eligible for Minimum Salaries of $3.5 Million, Bonuses of $1.5 Million

New Paramount CEO David Ellison and president Jeff Shell will be eligible for salaries of no less than $3.5 million and an ...

4h

Skydance Takes Over Paramount, and a New Era Begins

The merger catapults new power players to the top of Hollywood and ends a tortuous process that has lasted well over a year.

2hon MSN

Paramount Golden Parachutes: Exiting Co-CEOs Chris McCarthy, Brian Robbins to Get $18 Million Payouts

Shari Redstone will get $1.75 billion for her stake while her exiting C-suite executives will get eight-figure termination ...

10don MSN

Former CBS anchor warns Paramount merger marks 'the end' of the network and 'honest' journalism

Former TV anchor Connie Chung said on Friday that the recent Paramount Global-Skydance Media merger could mark the end of CBS ...

The Movie Blog13m

Paramount TV Studios Revived with Matt Thunell at Helm

Paramount TV Studios, a revived label, will be led by Matt Thunell, a rising star at Skydance. The new entity will absorb ...

2don MSN

CBS May Be Cutting Ties With Another Major Host After Paramount Merger Drama With Stephen Colbert

What we can say is that Gayle King’s latest contract is set to expire in May 2026 - the same month in which The Late Show ...

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