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.

The Oracle chairman will not have any "veto rights, or any special or outsized voting rights," per an amendment filed with the FCC

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.

David Ellison met this week with Brendan Carr and FCC staffers to discuss the Paramount Global merger which is still under agency review.

Elizabeth Warren, Bernie Sanders and Ron Wyden also question whether Skydance was involved in discussions to cancel The Late Show with Stephen Colbert

As the final FCC OK on Skydance’s merger with Paramount Global remains stalled, CEO David Ellison sat down with FCC chairman Brendan Carr to discuss key sticking points.

As the Paramount-Skydance deal remains stuck in regulatory limbo with the FCC, President Donald Trump expressed support Wednesday for the $8 billion takeover by David Ellison. When asked by ...

President Trump is praising the chief executive of Skydance Media, David Ellison, voicing his support for the tech scion taking over Paramount Global. But the president’s $20 billion lawsuit against CBS, which Paramount executives reportedly believe must be settled before Mr. Trump will allow the merger to go through, is an obstacle.

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.