Paramount Skydance chairman and CEO David Ellison, who is in the midst of trying close a massive deal to buy Warner Bros. Discovery, had a pay package worth $63.2 million last year. Jeff Shell, who resigned as Paramount’s president earlier this month to “focus” on a defamation lawsuit filed against him, had a total compensation…
As Hollywood has fractured over the proposed merger between Paramount Skydance and Warner Bros. Discovery, AMC Entertainment Holdings Chief Executive Adam Aron is throwing his support behind David Ellison. The movie theater chief said he trusts that Ellison, Paramount’s CEO, will hold to his promise that the combined company will release 30 films a year…
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…
Even among the lofty realm of golden parachutes, Warner Bros. Discovery Chief Executive David Zaslav’s proposed payday stands out. Zaslav, one of the most richly compensated executives in America, is poised to receive as much as $887 million to depart the company once it is absorbed by David Ellison’s Paramount Skydance, Warner Bros. Discovery disclosed…
Paramount Skydance has completed a series of transactions to restructure the debt financing for its proposed $111 billion acquisition of Warner Bros. Discovery. In an SEC filing, Paramount said it had reached a deal to syndicate its previously disclosed debt funding for the WBD deal and “has entered into permanent financing transactions that will support…
Two years after the sale of Simon & Schusater, Paramount is getting back into the book biz with the launch of new publishing imprint, Paramount Global Publishing. The newly created publishing arm will operate under the company’s Products & Experiences division, led by president Josh Silverman, and be overseen by head of global publishing Amy…
Warner Bros. Discovery shareholders will soon render a verdict on Hollywood’s biggest merger in nearly a decade. Warner has set an April 23 special meeting of stockholders to vote on the company’s proposed sale, for $31-a-share, to the Larry Ellison family’s Paramount Skydance. The $111-billion deal is expected to reshape the entertainment industry by combining…
