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Jon Lafayette

David Ellison Spells Out Goals for ‘New Paramount’

David Ellison Paramount New Paramount Jeff Shell Larry Ellison CBS Paramount Plus Shari Redstone Skydance Sumner Redstone

David Ellison.

David Ellison, who will lead the New Paramount, said his goal is to expand the company into a media and technology hybrid that will be able to meet the needs of the evolving marketplace.

Ellison’s Skydance Media, along with Redbird Capital, formally announced their $8 billion plan to acquire legacy media company Paramount Global on Monday.

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