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The Latest Breaking News from New Paramount

Oracle CEO Safra Catz steps down from Disney's board after Ellisons' $28 billion Paramount-Skydance deal

Billionaire Larry Ellison is helping to fund the two-step merger.

Fortune

Star rating: Channel Seven panned for including astrology on nightly news

Morning Show astrologer AstroTash lined up for a regular horoscope segment, drawing ridicule online. Plus: headlines behind bars

The Guardian - AU

David Ellison Spells Out Goals for ‘New Paramount’

Plan is to create a media-technology hybrid and cut costs by $2 billion

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Skydance, Paramount to Merge in $8B Deal

Merged venture, named ‘New Paramount’ will be led by David Ellison as Chairman/CEO and Jeff Shell as President

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