The movie theater at the shopping mall formerly known as Broadway Commons will close in early 2025 after nearly 30 years at ...
By Lauren Hirsch and Benjamin Mullin There were several hitches in the last week as Skydance, Paramount and its parent company, National Amusements, reached the final stages of negotiations.
Larry Ellison, the megabillionaire founder of Oracle, will be the majority shareholder of National Amusements Inc., the company that controls Paramount Global, after the expected closing of the ...
Paramount Global’s chair, Shari Redstone, will receive $180 million in severance and other benefits on top of millions from the sale of her stock in National Amusements to Skydance Media ...
Billionaire tech and media mogul Larry Ellison will control more than two-thirds of Hollywood giant Paramount and National Amusements under a massive merger in the works between the conglomerate ...
The Oracle co-founder will own 77.5% of National Amusements, Paramount’s controlling shareholder, through a trust and series of corporations, according to a filing with the US Federal ...
Redstone holds a 20% stake in National Amusements, Paramount's controlling shareholder, through two trusts in her name and is in line to receive about $350 million from its sale, the report said ...
What Happened: Ellison, one of the world's richest people, will be the majority shareholder of National Amusements, the company that has controlling ownership of Paramount Global. As reported by ...
The two-step deal, which will see the younger Ellison’s Skydance Media acquire Paramount controlling shareholder Shari Redstone’s National Amusements before merging with the media giant ...
July 8, 2024 The remaining 22.5% of National Amusements will be owned by RB Tentpole, which is controlled by Gerry Cardinale’s private investment firm RedBird Capital Partners. Paramount ...