Read this post to get insight into the near-term future of New Paramount, the company formed by the merger of Skydance and Paramount.
Will New Paramount succeed under the direction of new head David Ellison? We won’t know for a few years yet. The merger between Skydance and Paramount is not expected to close until September 2025. Before he can build an enduring entertainment brand, Ellison first must focus on streamlining legacy Paramount’s unprofitable operations. But if he plays his cards right, David Ellison could become a New Hollywood mogul.
He has a track record for producing crowd-pleasing entertainment, including Top Gun: Maverick , one of the biggest-selling movies of all time. His personal brand looms large, but he has a lot of work to do to build New Paramount, the name of the new entity resulting from the merger. Top Gun: Maverick A Murky Announcement A Murky Announcement The July 7 announcement and July 8 investor briefing about the Skydance/Paramount merger was about as exciting as a financial auditor’s report.
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