Paramounts

But Ellison says he’s getting more than that for his billions: He’s also buying the building blocks for what will eventually be a “World-Class Media and Technology Enterprise.”If that sounds familiar, there’s a good reason for that: This spring, I noted that people in David Ellison’s camp were telling journalists…

(Reuters) – Paramount Global’s majority shareholder Shari Redstone has abruptly ended talks for a potential merger with David Ellison’s production company Skydance Media, effectively killing the deal that was in the works for several months. Redstone, the daughter of late media tycoon Sumner Redstone, was widely expected to sell her…