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Paramount Global leadership undergoes major appointments, including David Ellison as Chairman and CEO, effective August 5, 2025.

2 reports, 2 independent Updated Aug 5
Gone quiet Reached 2 outlets in its first 24 hours
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What happened

Some supportReported by 2 outlets

Paramount Global leadership undergoes major appointments, including David Ellison as Chairman and CEO, effective August 5, 2025.

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How it developed

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  1. Paramount appoints new leadership team including Ellison, Oracle CEO, and board members.1 source
  2. The merger is valued at $8 billion, prompting Chris McCarthy's departure and Bill Owens' resignation.1 source

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Coverage

Newest first; wire copies grouped
  • GlobeNewswireSkydance Media Announces Full Slate of Board Designees for Paramount David Ellison to become Chairman of the Board Future directors comprise world-renowned, accomplished leaders from media, technolog
  • Associated Press FinanceParamount gets green light for $8 billion merger. But what is the psychic cost for company? With this week’s FCC approval, the merger between Paramount Global and Skydance Media is expected to be com