David Ellison, an actor-turned-producer and son of centibillionaire Larry Ellison, will helm Paramount after its merger with his Skydance media company is complete.

A fter finally getting approval from the Federal Communications Commission, Skydance Media is just weeks away from completing its $8-billion merger with Paramount Global, leading to sweeping changes for some of the most iconic media brands.

Executive at Paramount Global can breathe a sigh of relief with FCC approval of its $8 billion merger with Skydance Media.

Oracle chair Larry Ellison's power in American business is about to expand. The Federal Communications Commission’s approval on Thursday of Ellison-backed Skydance’s takeover of film and TV icon Paramount Global cleared the last major hurdle standing in the way of the $8 billion deal.

Want to do business in the United States? Pay up. More specifically: Pay Donald Trump. That's a reasonable lesson from the Paramount-Skydance deal.

Paramount’s cable business has cratered. The news division is in turmoil. A.I. is coming for movies. And those are just the obvious challenges facing David Ellison as he takes control.

The Federal Communications Commission has approved the $8 billion merger of Paramount Global and Skydance Media, claiming “significant changes,” are coming to the CBS owner.

US regulators on Thursday approved the sale of Hollywood studio Paramount to billionaire producer David Ellison's production company Skydance for $8 billion, roughly a year after the deal was first announced.

As a real-estate mogul, Trump long ago perfected the art of imposing his will through aggressive — and expensive — legal maneuvering. But no one else has ever really used it as president.

Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on Oracle's cloud services. But with the Paramount deal in motion and backed by Larry Ellison,