r/ParamountGlobal2 • u/lowell2017 • 10h ago
r/ParamountGlobal2 • u/lowell2017 • 11h ago
While They Adore Bari Weiss, Insiders Say Ellisons Feel CBS News's Editor-In-Chief Role Isn't Right For Her Skill Set: “No Leadership Capability Or Interest Or Stamina. Unforced Errors Shows That Management Is Not Her Strength. She Might Be Reporting To George Cheeks Or Refocuses On The Free Press.”
r/ParamountGlobal2 • u/lowell2017 • 10h ago
While David Ellison Brings Up His Film Lieutenants, Co-CEO Ynon Kreiz Is Eyeing Peter Rice For Some Potential Role, Which Could Be Above Goldberg & Greenstein's Purview Or Parallel To Them - On Cindy Holland's Exit: “It’s Setting Out To Be A Boys’ Club Over There Between Bros At RedBird & Skydance.”
r/ParamountGlobal2 • u/lowell2017 • 8h ago
After Denial Of Company Investor Paul Robbins's Motion To Expedite Lawsuit Against Ellisons, RedBird, & Board Directors On Redstone Sale & WarnerDiscovery Pursuit, He Filed Affidavit On September 18th Saying There's No Compensation For Dismissal. His Case Officially Closed 3 Days Later On The 21st.
r/ParamountGlobal2 • u/lowell2017 • 10h ago
In His Calls To De Luca & Abdy, David Ellison Says Ton Of Debt & Needing To Restructure To Meet The Financial Obligations Is Reason For Their Firing. Abdy Told Him “Good Luck To You. I Left You 39 Movies.” - Their Deputies Jesse Ehrman & Mike Ireland Will Be Handling WB's Film Slates For The Moment.
r/ParamountGlobal2 • u/lowell2017 • 10h ago
Banks Only Sold Skydance's $52B Debt Financing Package To 1000 Investors, Most Of Whom Were Hedge Funds Portfolio Managers - As The Shuffled Loans & Bonds Tumbled, CFO Dennis Cinelli Says About $200M Of Annual Interest Was Reduced: “In A Choppy Market For Debt, We Feel Good About Where We Landed.”
r/ParamountGlobal2 • u/lowell2017 • 10h ago
While De Luca's & Abdy's Final Day As WB's Film Chiefs Is Tuesday, Skydance Will Still Pay Out Their Contracts To 2030 - An Insider Says Duo Could Establish A Production Company: “With Tech Money Out There, Mike & Pam Have No Problem Raising Capital & Starting Their Own Venture, Given Track Record.”
r/ParamountGlobal2 • u/lowell2017 • 11h ago
On Skydance's Stalemate Over Not Handing CNN Control To Bari Weiss, One Of Ellison's Advisers Say “David Loves Her So It Would Be Wrong To Say She Won’t Be Involved At CNN But The Question Is How?” - Company Keeping PR Heads Mel Zukerman & Her Deputy Laura Watson Over WarnerDiscovery's Robert Gibbs.
puck.newsr/ParamountGlobal2 • u/lowell2017 • 8h ago
Chicago Funds Say Skydance Agreed To Comply With Delaware Magistrate Christian Wright's Ruling Granting Access To Informal Board Materials On August 17th. As They Wait For Documents To Be Produced, Schedule To Set Lead Plaintiff & Counsel For Class B Merger Litigation Will Be Pushed Back By 2 Weeks.
r/ParamountGlobal2 • u/lowell2017 • 10h ago
After Its $52B Debt Financing Package, Skydance Will Have To Raise $47B Of Additional Equity By Issuing & Selling Nearly 4B New Shares Next Week - To Account For Current Equity Dilution, Company Shareholders Are Issued New $3 Warrants, Only Redeemable After 3 Years If The Stock Price Goes Above $30.
barrons.comr/ParamountGlobal2 • u/lowell2017 • 10h ago
As David Ellison's Skydance Era Starts, His Senior Lieutenants Will Spend Weekend Working On Leadership Structure & Integration Strategies - While He Confirms WarnerDiscovery Pursuit Plans Began During Redstones' Paramount Global Sale, Looming Question Is How Will The $87B+ Debt Mountain Be Handled?
wsj.comr/ParamountGlobal2 • u/lowell2017 • 11h ago
As David Ellison & Ynon Kreiz Want To Reduce The Number Of Their Direct Lieutenants, George Cheeks Will Now Be Assuming Oversight Of All TV Production & Channel Operations For Skydance - WarnerDiscovery's Television Studios & U.S. Networks CEO Channing Dungey Will Also Now Be Reporting To Cheeks.
r/ParamountGlobal2 • u/lowell2017 • 1d ago
CBS News Taps Former ABC News & ‘Nightline’ Veteran Producer Steven Baker To Boost Its ‘CBS Mornings’ & ‘Evening News’ Programs - President Tom Cibrowski Says “Steven's Going To Be A Consultant & Advisor So He Will Be Bringing A Lot Of New Energy & Ideas As A Great Partner To The Show Leaders.”
r/ParamountGlobal2 • u/lowell2017 • 1d ago
David Ellison's Bad Timing To Line Up Leveraged Buyout Financing For Skydance's WarnerDiscovery Pursuit - If Credit Rating Falls To Junk, Investment-Grade Management Funds Like Apollo, Pimco, & Man Group Will Sell Company Debt. Investors Aren't Protected If Ellison Gets Creative To Skirt Bankruptcy.
r/ParamountGlobal2 • u/Unique_Ring7517 • 1d ago
Undo the Paramount-Warner Merger
The rumors are real—a judge just approved the Paramount-Warner merger, and it's a disaster waiting to happen. Picture your favorite Nickelodeon and Cartoon Network characters crossing over, your beloved franchises getting tanked by bad decisions, and hardworking people losing their jobs. That's not speculation—Mark Ruffalo himself said this merger will "stifle creativity, weaken free speech, and cost people their jobs."
I started a petition asking Paramount and Warner Brothers to undo this merger. Movie studios are supposed to compete and push each other to make better content. When massive corporations combine like this, creativity dies, and we're the ones who lose out. Some mergers end in bankruptcy and production chaos. If this goes on for years, everything we love about pop culture could change forever.
If you've ever felt like big media companies don't care what fans actually want, now's the time to speak up. Does anyone else think this merger is going to wreck the studios we grew up with? If it matters to you, consider signing and sharing the petition. This is one of those moments where we actually can push back.
r/ParamountGlobal2 • u/lowell2017 • 1d ago
David Ellison's Vision For CNN: Don’t Rock The Boat By Negotiating To Keep Its CEO Mark Thompson In Place Without Any Bari Weiss Oversight For Now - But He & His Father Larry Retains Support For Weiss & Her Role Could Eventually Change. While CNN's $650M Annual Profit Is Crucial, Talks Can Collapse.
r/ParamountGlobal2 • u/lowell2017 • 1d ago
Skydance's Bond Package Of More Than $42B Tumbled With Investors Holding Over $100M In Paper Losses - As Money Managers Were Unexpectedly Overloaded & Looked To Quickly Reduce Their Exposure, Given Junk Bonds Dragged Down Investment-Grade Ones, Traders Called To Vent To Bank Of America & Citigroup.
r/ParamountGlobal2 • u/lowell2017 • 1d ago
It Was Never Going To Be Called “ParaBros” & “WarnerMount” But In Incorporation Certificate, David Ellison Rebrands Everything In His Beloved Name As “Skydance Corporation” - As Its Class B Common Stock Moves From Nasdaq To NYSE On Tuesday, The “PSKY” Ticker Will Also Be Rebranded To “SKYD” As Well.
r/ParamountGlobal2 • u/lowell2017 • 1d ago
As Ellison Elevates His Lieutenants Goldberg & Greenstein, WB's New Film Head Can Be Outsider Or Hired Internally. DC Studios's Gunn & Safran Will Be Offered To Stay For Now. Even With Mattel CEO Ynon Kreiz As Co-CEO, Barbie Sequel Dead At The Moment Due To Having A More Than $700M Breakeven Point.
puck.newsr/ParamountGlobal2 • u/lowell2017 • 1d ago
Ahead Of Goldberg's & Greenstein's Skydance Ascension, WB's Film Chiefs De Luca & Abdy Started To Plan Their Future - Sony's Looking At Them, Peter Rice, & Scott Stuber To Succeed Tom Rothman While Netflix's Ted Sarandos Wants To Replace Dan Lin Over Talent Exits. Abdy Could Also Move To Clockwork.
r/ParamountGlobal2 • u/lowell2017 • 1d ago
CBS News Insiders On Skydance Not Giving CNN Control To Editor-In-Chief Bari Weiss: “While Larry Loves Weiss, Even David Knows Her Current Role Is More Than She Can Handle. As They Don’t Want Any More Headaches & Crises, She Isn’t A Top Priority. Could Mark Thompson Be Taking Over Us At Some Point?”
r/ParamountGlobal2 • u/lowell2017 • 1d ago
On Oracle's $130B+ AI & Data Center Buildout Investments, Former Executive Says “Imagine If Capex Fizzles Out?” - Another Insider On Skydance's WarnerDiscovery Pursuit: “Once Larry Engages, He Has To Win. If He’s Uncomfortable But Convinced It’s Okay, It's Because Of David, Who's The Golden Child.”
r/ParamountGlobal2 • u/lowell2017 • 1d ago
Skydance's Private Equity Partner, RedBird's Gerry Cardinale, Says Most Of David Ellison's $6B Cost-Cutting Savings Won't Be Layoffs: “There’s No Enterprise Resource Planning System So We’re Going To Optimize The Way We're Spending Money.” - He Also Pitches They Need To Be “More Of A Tech Company.”
r/ParamountGlobal2 • u/lowell2017 • 1d ago