Paramount Global is set to launch a reboot of the classic comedy franchise “Naked Gun” this week, marking a new era for the studio under its young CEO David Ellison. The move comes as the company faces significant challenges, including $2 billion in cost savings and restructuring.
Ellison, 41, has pledged his commitment to success, promising that technology will transform every aspect of the company. He aims to create a “studio in the cloud” leveraging AI and digital tools to generate content faster and cheaper.
The new iteration is directed by Akiva Schaffer, replacing David Zucker, who passed away at 77. Liam Neeson stars as Frank Drebin Jr., the son of Leslie Nielsen’s iconic character. The film marks a significant departure from Ellison’s father, Larry Ellison, who has not been involved in the production.
Ellison’s introduction to Hollywood began with his desire to produce and star in the 2004 movie “Flyboys.” He shifted roles after the film’s poor box office performance and eventually became CEO of Skydance, which later acquired Paramount Global. The deal was predicated on Ellison’s commitment to unbiased journalism, although it has raised eyebrows given his father’s close ties to President Trump.
The new Paramount Global faces significant challenges, including reviving struggling cable networks like CBS News and reviving morning and evening TV ratings. Ellison’s leadership style has been shrouded in controversy, with concerns over his lack of experience in the news business and his reported talks to acquire a right-leaning media outlet.
Source: https://deadline.com/2025/07/naked-gun-paramount-company-reboot-1236473472