James Cameron and Ari Emanuel have publicly supported Skydance Media's bid to acquire Paramount. This endorsement comes as Paramount's shares saw a 4.7% increase in premarket trading following the end of exclusive deal talks with Skydance, opening the field to other potential bidders. The situation has intensified the bidding war, with options including a partnership between Apollo and Sony. Meanwhile, Jeffrey Katzenberg commented on the ongoing drama, advising not to underestimate David Ellison, Skydance's CEO, in this corporate battle.
Warner Bros. Discovery CEO David Zaslav Largely Evades Questions About Paramount Global And NBA Talks, Says Executive Pay “Should Be Aligned” With Stock Performance https://t.co/nA4dehfuhK
Warner Bros. Discovery CEO David Zaslav Largely Evades Questions About Paramount Global And NBA Talks, Says Executive Pay "Should Be Aligned" With Stock ... https://t.co/nA4dehfuhK
As Paramount Steers Into Unknown, David Ellison Woos A-Listers to Boost Flagging Bid https://t.co/ildfDv9Vyr