Paramount and Skydance merge, signaling end of a family rein in Hollywood and the rise of new power

Paramount and Skydance merge, signaling end of a family rein in Hollywood and the rise of new power

NEW YORK — The entertainment giant Paramount will merge with Skydance, closing out a decades long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape. It also signals rise of a new power player, David Ellison, the founder … Read more