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- Larry Ellison is providing the majority of the money for son David Ellison’s Skydance Media merger with Paramount, TheWrap has learned. The founder of Oracle and his family are contributing $6 billion to the deal while private equity firm RedBird Capital Partners will contribute the remaining $2 billion.
Jul 8, 2024 · Larry Ellison is providing the majority of the money for son David Ellison’s Skydance Media merger with Paramount, TheWrap has learned.
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Jul 9, 2024 · About $6 billion of the money to fund the deal is coming from the family of Oracle founder Larry Ellison (David’s father), with about $2 billion from Gerry Cardinale’s RedBird Capital Partners ...
Jul 8, 2024 · The sale to Skydance Media, founded in 2010 by David Ellison, son of Oracle cofounder Larry Ellison, offered Redstone an offer she couldn’t refuse: billions in cash and the comfort of...
Jul 8, 2024 · Catch up quick: Skydance Media, a studio led by David Ellison, on Sunday agreed to merge with Paramount, via a complex transaction that includes the purchase of Shari Redstone's National Amusements.
Apr 22, 2024 · Today, Ellison’s Skydance Media is a strong contender to acquire Paramount Global in a deal that would give the 41-year-old control of the storied movie studio behind “The Godfather” and...
- Stacy Perman
- Staff Writer
- stacy.perman@latimes.com
Jul 3, 2024 · Advertisement. All in, the Skydance-Paramount deal is valued at about $8.4 billion. Selling National Amusements would net the Redstone family $1.75 billion, after the firm’s debts are paid. In ...
Jul 8, 2024 · Skydance will acquire National Amusements in a deal that values the Shari Redstone-led company — which has a controlling stake in Paramount — at $1.75 billion.
