{"id":13395,"date":"2024-09-06T13:16:53","date_gmt":"2024-09-06T20:16:53","guid":{"rendered":"https:\/\/bigjimindustries.com\/wordpress\/?p=13395"},"modified":"2024-09-08T13:20:00","modified_gmt":"2024-09-08T20:20:00","slug":"ellisons-paramount","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2024\/09\/06\/ellisons-paramount\/","title":{"rendered":"Ellison&#8217;s Paramount"},"content":{"rendered":"\n<p><em><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-05\/larry-ellison-will-control-paramount-after-deal-filing-shows?embedded-checkout=true\" target=\"_blank\" rel=\"noreferrer noopener\">from Bloomberg<\/a><\/em><\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Larry Ellison Will Control Paramount After Deal, Filing Says<\/h1>\n\n\n\n<p>Story by Christopher Palmeri<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"512\" src=\"https:\/\/bigjimindustries.com\/wordpress\/wp-content\/uploads\/2024\/09\/image.png\" alt=\"\" class=\"wp-image-13396\"\/><figcaption class=\"wp-element-caption\">Photographer: David Paul Morris\/Bloomberg<\/figcaption><\/figure>\n\n\n\n<p>(Bloomberg) &#8212; Paramount Global, the parent of CBS, will be controlled by software billionaire Larry Ellison after a group led by his son David completes its purchase of the Redstone family\u2019s interest in the film and TV company, according to a regulatory filing.<\/p>\n\n\n\n<p>Ellison, the co-founder of Oracle Corp., is backing his son\u2019s proposal to buy the Redstone\u2019s National Amusements Inc. and take control of Paramount for more than $8 billion. According to a filing with the US Federal Communications Commission, the older Ellison will own 77.5% of National Amusements through a trust and series of corporations.<\/p>\n\n\n\n<p>[ <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-05\/larry-ellison-will-control-paramount-after-deal-filing-shows?embedded-checkout=true\" target=\"_blank\" rel=\"noreferrer noopener\">click to continue reading at Bloomberg<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>from Bloomberg Larry Ellison Will Control Paramount After Deal, Filing Says Story by Christopher Palmeri (Bloomberg) &#8212; Paramount Global, the parent of CBS, will be controlled by software billionaire Larry Ellison after a group led by his son David completes its purchase of the Redstone family\u2019s interest in the film and TV company, according to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,5],"tags":[],"class_list":["post-13395","post","type-post","status-publish","format-standard","hentry","category-culture-art","category-los-angeles"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/13395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=13395"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/13395\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=13395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=13395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=13395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}