David Ellison, chairman and CEO of Paramount Skydance, danced around questions about whether he would pull the trigger on a bid to acquire Warner Bros. Discovery. But he did say there are "a lot" of M&A possibilities on the table.

Paramount Skydance CEO David Ellison is preparing an official takeover offer for Warner Bros. Discovery – and the prospect of a rival bid from Comcast is helping put a fire under him, On The Money has learned.

Larry Ellison helped finance the $8-billion takeover of Paramount, and his largesse would be key in any deal for Warner Bros. Discovery.

Paramount's initial bid for the home of HBO and Warner Bros. was dismissed, but one way or another the company will grapple with major change in the coming year.

CBS late-night host Stephen Colbert, who will be out of a job next May, poked fun at his network’s new boss, David Ellison, on Thursday.

Paramount Chief David Ellison has embraced Oct. 7 drama 'Red Alert' and challenged those in Hollywood who have called for a boycott of Israel, prompting criticism from a group of employees.

Paramount Skydance will lay off about 2,000 U.S. employees under David Ellison's new management regime starting the week of Oct. 27.