David Letterman blasts CBS and Skydance 'goons'
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David Ellison, an actor-turned-producer and son of centibillionaire Larry Ellison, will helm Paramount after its merger with his Skydance media company is complete.
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More than a year after Skydance Media and its partners clinched a deal with Shari Redstone and Paramount Global to merge the companies, the FCC has yet to act on an application to approve the transfer of CBS licenses to the new ownership.
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Ellison "discussed Skydance's commitment to unbiased journalism and its embrace of diverse viewpoints" in the meeting, as well as concerns about Tencent's stake in the company.