Larry Ellison will be the majority shareholder of National Amusements Inc., which controls Paramount Global, once the Skydance deal closes.

Edgar Bronfman’s late-breaking, $4.3 billion offer to acquire Paramount Global argues that it avoids the “inequitable governance arrangement” of the $8 billion bid by Skydance Media and ...

Additionally, the sources told CNBC that management would be open to divestitures of assets such as BET Media Group and Showtime. Representatives for Paramount, National Amusements and Skydance ...

Skydance and Paramount Global highlighted the impact that their proposed merger will have on CBS and local stations in a filing with the FCC that is part of initial steps to secure regulatory approval ...

Paramount said it's considering a competing acquisition bid led by Seagram heir and media executive Edgar Bronfman Jr., and will extend a so-called go-shop period with merger partner Skydance Media.

David Ellison’s Skydance Media is firing back at Paramount Global, accusing a special committee at the media and entertainment giant of violating the merger deal the two companies struck last ...

In the latest twist in the Paramount Global M&A saga, Skydance Media is alleging the media company ... end its negotiations with the Bronfman group. The Bronfman-led offer “is significantly ...

In the latest twist to a media ... Skydance Media. That newer offer, made days before a Wednesday deadline for rival bids, is from Edgar Bronfman Jr., a former chief executive of Warner Music ...

TOKYO -- Sony Group has decided not to make a new bid for Paramount Global now that independent film studio Skydance Media has reached a deal to buy the U.S. media group, Nikkei has learned.

Aug 26 (Reuters) - Media veteran Edgar Bronfman ... mounting a serious challenge to the Skydance bid, the source added. Last week, a Bronfman-led investor group had proposed to take control ...

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

It was understood that Larry Ellison would obtain a majority stake in NAI but now there’s official confirmation: He will own 77.5% of National Amusements through Pinnacle Media, a group of three ...