Tag Archives: Ellison

A research group funded by tech billionaire Larry Ellison is set to invest £118 million ($169.6 million) in applying AI to vaccine research with the UK’s Oxford University. Oxford Vaccine Group is leading the project to study the human immune system’s response to serious bacterial infections and antibiotic resistance, targeting diseases including Streptococcus pneumoniae, Staphylococcus aureus, and E. coli. Led …

“We’re in the business of long-term value creation,” David Ellison proclaimed Wednesday as the stock of his newly minted Paramount, A Skydance Corporation leaped double digits in the first week of his reign. As the majority shareholder in the new Paramount, with strong support from RedBird, Ellison went on to take the win, but also cautioned his plan was not …

Growing up, David Ellison spent every Sunday going to the movies with his mother and his sister, Annapurna founder Megan Ellison. As an adult, he spent more than 15 years pursuing his wish to run a legacy Hollywood studio. Now, his dream has become reality and all eyes are on the young mogul to see if he can right a …

On Thursday, a trio of Hollywood Reporter staffers attended a presentation by new Paramount owner David Ellison, who sat alongside his investors from RedBird Capital and new executives at his company’s Manhattan headquarters to lay out his vision for the embattled media firm. Ellison & Co. had just spent some $8 billion for the 113-year-old studio and have hopes — really, a need — to …

David Day One: The Ellison Era at Paramount Begins  puck.news Skydance Takes Over Paramount, and a New Era Begins  The New York Times Inside the first day of Paramount’s new regime under David Ellison  CNN A Message From Our Chairman and CEO  paramount.com Paramount, Skydance complete $8 billion merger as FCC continues CBS probe  Fox Business Source link

Donald Trump says the new owners of Paramount have promised him that they’ll give him $20 million in free ads. Is that true? Up until now, reporters haven’t been able to directly ask the new owner of Paramount. But when they got the chance on Thursday, at a press conference at Paramount’s Manhattan headquarters, David Ellison wouldn’t confirm or deny …

In his first few minutes as the chief of the newly minted Paramount Skydance, David Ellison took the microphone and mostly deflected a bunch of questions from reporters who’ve followed every dramatic turn of the 13-month journey to close the $8 billion deal to take control of the venerable owner of Paramount Pictures and CBS. The message from the mogul …

Paramount has set the base salaries for its new C-suite on the heels of Skydance closing its $8 billion acquisition of the media giant. David Ellison, founder of Skydance and now CEO of Paramount, will receive a base salary of $3.5 million, as will Paramount president Jeff Shell, according to financial documents filed with the Securities and Exchange Commission Thursday. …

On Thursday morning, David Ellison will clock in for his first day at work as a media mogul. That’s when Ellison’s Skydance will officially get the keys to Paramount Global — the Sumner Redstone-created corporate giant whose falling fortunes come as streaming services and YouTube have spun the industry off its axis. But Ellison has a plan. He wants to …

Figma burst onto the public markets last week, surging in share price by 333% and hitting a market cap of over $70 billion in just the first few days of trading. For investors bullish on startups, last week was a rejuvenation after a sluggish stretch in the IPO market. But for Figma cofounder and CEO Dylan Field, last week not …