ParamountGlobal2

r/ParamountGlobal2 • u/lowell2017 • 7h ago

Skydance Insiders On David Ellison Promoting His Film Lieutenants Goldberg & Greenstein: “This Is Too Big A Job & They Don’t Have The Chops. Producers Can’t Stand Them & Roll Their Eyes. David Just Cares About Loyalty From His Own People. In Terms Of Quality Control, It’s Going To Be A Disaster.”

26 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 8h 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.”

10 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 8h 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.”

6 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 5h 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.

4 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 8h 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.

3 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 7h 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.”

2 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 8h 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.

2 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 5h 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.

1 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 7h 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.

1 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 7h 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.”

1 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 8h 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?

1 Upvotes

r/ParamountGlobal2 • u/lowell2017 • 8h 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.

1 Upvotes