David Ellison agrees to buy Redstone family firm that controls Paramount
...Tech scion David Ellison has reached a preliminary deal to buy the Redstone family holding company National Amusements Inc., which would give his Skydance Media control over Paramount Global, according to three people close the situation who were not authorized...control of Paramount in a deal that is expected to mark a new chapter for the long-beleaguered media company and the parent of one of Hollywood’s oldest movie studios.
Los Angeles Times
14 hours ago