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Skydance Media on Monday rolled out the new executive leadership team ahead of this week’s long-stalled $8 billion merger with Paramount Global.
Skydance CEO David Ellison, the son of billionaire Oracle co-founder Larry Ellison, will assume the helm of the new publicly traded company, to be called Paramount Skydance Corp., when it debuts Thursday.
The media giant — whose properties include CBS, MTV, the Paramount Pictures studio and the Paramount+ streaming service — will be structured into three primary business segments: Studios, Direct to Consumer, and TV Media, the tech scion said.
