David Ellison's goal for Paramount: make it a 'media and technology' company

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The day after Paramount's board approved a merger agreement with Skydance Media, tech scion David Ellison laid out his plans for the newly-combined company.

To compete in today's tumultuous entertainment industry, Paramount Global will need to evolve into a 'media and technology' company, tech scion and soon-to-be Paramount Chief Executive David Ellison told investors and financial analysts Monday, a day after the company's board approved a merger deal with his Skydance Media.

Ellison noted the partnership that Skydance Animation has with Oracle — which was co-founded by his father — to build a so-called 'studio in the cloud.' Though animation has long been seen as an on-premise industry, Ellison said Skydance's newest animated film, 'Spellbound,' was partially produced in the cloud, which reduced costs.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Paramount signs off on merger with David Ellison’s SkydanceThe deal transfers control of the storied studio behind CBS, MTV and the “Top Gun” franchise, bringing the Redstone era to a close.
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