Mario Gabelli
William D. Cohan July 17, 2024
Can Paramount’s long-suffering Class A shareholder successfully twist Shari’s arm and find out what, exactly, David Ellison and the RedBird guys are paying for her slice of the pie? Herewith, a conversation with Mario Gabelli, the architect of Operation Fishbowl.
Mario Gabelli
Eriq Gardner July 16, 2024
David Ellison’s $8 billion takeover of Paramount is already facing legal challenges, including a new suit from Mario Gabelli, the long-suffering Paramount shareholder who is now questioning whether Shari’s sweetheart deal was just a little too rich. Here, Gabelli explains his beef. Plus: there’s another unexpected wrinkle in the deal.
Edgar Bronfman Jr.
William D. Cohan July 14, 2024
The Ellison/RedBird deal to buy Paramount includes a 45-day “go-shop” period, during which the special committee is empowered to consider other bidders: Sony and Apollo, Bronfman and Bain, Barry Diller, or Steven Paul. But there are a dozen reasons to believe that none of these rumored suitors will upset the apple cart.
gerry cardinale
William D. Cohan July 10, 2024
An assessment of the dynastic saga, the heavy NAI carrying costs, the Ellison anointment, and simultaneous challenge of growing the business while eliminating $2 billion in carrying costs. “It’s a huge commitment,” Gerry Cardinale, the founder of RedBird Capital, told me on Tuesday.


shari redstone
William D. Cohan July 3, 2024
The rebooted Ellison/Paramount deal would be a complicated arrangement with several moving parts, but it appears to be one that Shari Redstone could live with—even if everything could still go wrong.
David Zaslav
William D. Cohan June 30, 2024
More news and notes on the Wall Street and media industrial complex. Plus, a fascinating detail or two about Biden’s all-important family dinner tonight at Camp David.
Jeff Bezos
William D. Cohan June 26, 2024
News and notes on the dual obsessions of the Sconset set: whether Shari will reconsider the private equity pill and break up Paramount; and how Jeff Bezos and Will Lewis may be taking a page from Wall Street’s layoff playbook with their plan for a “third newsroom” at The Washington Post.