WSJ News Exclusive | Skydance Backers Explore All-Cash Deal to Gain Control of Paramount

Shari Redstone, whose household controls Paramount Global, has entertained a number of presents over time to purchase its famed film studio. Skydance Media CEO David Ellison is eyeing one thing extra formidable.

Ellison is discussing an all-cash bid for Paramount’s mother or father, National Amusements, with monetary assist from different Skydance buyers together with his father, billionaire Larry Ellison, in keeping with folks accustomed to the matter. The buyers would purchase not less than a majority stake in National Amusements from the Redstones, the folks mentioned.