From “Wall Street Journal”:

Skydance Media CEO David Ellison is considering an all-cash bid for Paramount’s parent company, National Amusements. This bid would involve financial support from other Skydance investors, including Ellison’s father, billionaire Larry Ellison. The plan would involve purchasing at least a majority stake in National Amusements from the Redstones. Shari Redstone’s family controls Paramount Global, and they have received multiple offers to buy the movie studio in the past. This potential bid is the latest development in the ongoing efforts to acquire the famed movie studio.



Read more: Skydance Backers Explore All-Cash Deal to Gain Control of Paramount