Skydance Backers Discover All-Money Deal to Achieve Management of Paramount

Shari Redstone, whose household controls Paramount World, has entertained a number of gives over time to purchase its famed film studio. Skydance Media CEO David Ellison is eyeing one thing extra formidable.

Ellison is discussing an all-cash bid for Paramount’s father or mother, Nationwide Amusements, with monetary assist from different Skydance traders together with his father, billionaire Larry Ellison, in accordance with individuals accustomed to the matter. The traders would purchase not less than a majority stake in Nationwide Amusements from the Redstones, the individuals stated.