Tech scion David Ellison’s months-long quest to win control of Paramount Global crossed the finish line Sunday, in a deal that marks a new chapter for the long-struggling media company and parent of one of Hollywood’s oldest movie studios. Paramount Global board members on Sunday afternoon approved the bid by Ellison’s Skydance Media and its backers to buy the Redstone …
David Ellison’s Skydance Media is a strong contender to acquire Paramount Global in a deal that would give the 41-year-old control of the storied movie studio behind “The Godfather” and “Chinatown.” When David Ellison, the mega-rich aerobatic pilot and Ferrari-driving son of multibillionaire Oracle co-founder Larry Ellison landed in Hollywood, he was viewed as yet another trust fund scion with …
