David Ellison Takes Helm of Paramount Amid Tainted Merger Process
David Ellison has taken control of Paramount Pictures, the legendary TV and movie maker, following a contentious merger process with Silicon Valley scion Skydance. The transition is seen as symbolic, with the Redstone family handing over to Larry Ellison’s son, who has pledged to invest in Paramount’s streaming businesses and upgrade its outdated technology systems. … Read more