Paramount has laid out plans to significantly expand its television studios’ output after its acquisition by David Ellison’s Skydance. The company operates two major television studios – CBS Studios ...
Paramount has initiated its first major round of layoffs following the company’s merger with Skydance, and the David Ellison regime has cut a number of executives across its television divisions.
Warner's board was not swayed by tech billionaire Larry Ellison's personal guarantee to back the equity portion of Paramount's bid. Warner's board remains solidly behind its Netflix deal.
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