Tag: David Ellison

Paramount has tapped Dennis K. Cinelli as its new chief financial officer, succeeding Andrew C. Warren, who has served as interim CFO since June 2025.

One day after Warner Bros. Discovery’s board of directors urged its shareholders to reject Paramount Skydance’s $30-per-share all-cash offer, Paramount has opted not to amend its proposal, reasserting that it is “superior” to WBD’s existing agreement with Netflix.

Paramount Skydance is continuing its campaign for Warner Bros. Discovery, with a letter from David Ellison sent directly to shareholders asserting that the company believes “we are the best stewards not only to build long-term value for the assets but also delight audiences and help cultivate a more vibrant creative community.”

Paramount Skydance has launched a hostile takeover bid for Warner Bros. Discovery, offering an all-cash $30-per-share deal, after WBD entered a definitive agreement with Netflix last week.

Paramount has landed a seven-year deal to become the exclusive U.S. home of all UFC events.

The merger between Skydance Media and Paramount Global has closed, with the Ellison family and RedBird Capital set to provide long-term strategic investment to "reinvigorate" the company.

NBCUniversal alum Kevin MacLellan has been tapped as president of international and global content distribution at the new Paramount as part of a raft of exec appointments in the run-up to the Skydance merger closing this week.

With the Skydance Media and Paramount Global merger set to be completed this week, the company has unveiled its new executive team under David Ellison.

Paramount Global and Skydance Media have formally announced a merger deal, with the new combined entity to be run by David Ellison as chairman and CEO and Jeff Shell as president.