ouch..still in the works but it sure looks like a done deal. guess Fox is going to have some competition cbs owner / heiress ready tos ell to Ellison when FCC stamps it I wonder how much of that $8B will go to Trum tp settle his lawsuit for big mean unfair 60 minutes and if 60 minutes producers will apologize or resign. A conspiracy person might think that the lawsuit and FCC pressure on CBS is part of the pressure to get them to sell to a zealot and remove another voice of opposition.. . original announcement back in July David Ellison's Skydance Taking Over Paramount In $8 Billion Deal offered $13.5B and turned it down..nothign to see here...do you think maybe the FCC told Paramount that the other offer would not get regulatory approval???? Paramount Global Rejects Last-Minute Bid, Reaffirms Skydance Deal Here comes a plot twist: As Skydance Media and RedBird Capital Partners work to close the Larry Ellison-backed takeover of Paramount Global this spring, a consortium of investors who previously bid on the storied media conglomerate is mounting an eleventh-hour $13.5 billion offer. Variety has obtained a legal letter that is being sent to Paramount’s board Friday, Jan. 24, from Project Rise Partners that outlines a new bid that is higher than an all-cash offer the consortium made during the go-shop window. The group says its terms are vastly superior to the $8 billion deal from Skydance and RedBird. In a statement issued Monday, Jan. 27, the special committee of Paramount Global’s board of directors that has overseen the sale process reiterated that “Paramount is bound by its agreement with Skydance Media” and will not engage with Project Rise Partners.
wheel of fortune and family feud just got won back by Sony..bidding war incoming more worried about journalistic independence. I fear there will be none under Ellison and it is going to take a decided pro trump e excuse to every failure.
Isn’t Ellison also among the favorites to get TikTok? Edit: Wrong Ellison. I was thinking of Larry Ellison of Oracle
You're not the only one. When I read the title of the thread I also thought that it was Larry Ellison.
Good. Sick and tired of hearing about "liberal bias" in the media. Now people can whine about Fascist bias in the media for a few decades.
