Read previewParamount's CEO Bob Bakish was ousted on Monday night, putting the entertainment giant one step closer to accepting a merger deal.
The would-be buyer, film studio Skydance Media, is owned by David Ellison, son of billionaire Oracle founder Larry.
An investor in Skydance since 2020, RedBird is the media company's largest shareholder other than the Ellison family.
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"I think it's my biggest competitive advantage that I don't get emotionally attached," Cardinale told Business Insider in 2022.
Persons:
—, Bob Bakish, David Ellison, Larry, RedBird, Ellison, Gerry Cardinale, Goldman Sachs, Jeff Shell, Skydance, " Cardinale, Goldman, Jon Winkelried, Gerry, Axel Springer
Organizations:
Service, Skydance Media, RedBird Capital Partners, Business, New York Yankees, Dallas Cowboys, NFL, AC Milan, Paramount, KKR, Sony, TPG
Locations:
Skydance, RedBird