Paramount CEO David Ellison Can't Attend Senate Hearing on Warner Bros. Merger Because of Death in the Family

Paramount CEO David Ellison Can’t Attend Senate Hearing on Warner Bros. Merger Because of Death in the Family

Sen. Cory Booker, Democrat of New Jersey, is holding a “spotlight hearing” Wednesday in Washington about Paramount Skydance‘s proposed $111 billion deal to acquire Warner Bros. Discovery. David Ellison, Paramount’s chairman and CEO, will not be able to attend the hearing because of a death in the family, according to the company. “Regretfully, Mr. Ellison…

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Jeff Shell to step down as Paramount president after legal battle

Paramount President Jeff Shell agreed to exit the company after being entangled in a legal battle with a controversial Las Vegas gambler and self-styled “fixer.” Paramount announced his departure Wednesday after the two sides negotiated an amicable resolution to the drama. Paramount said its external review into Shell’s conduct, initiated by Paramount’s board of directors,…

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