(Bloomberg) — David Ellison, movie producer, tennis fanatic and heir to a technology fortune, is on the verge of adding another title: media mogul.
Most Read from Bloomberg
Ellison is in negotiations to take charge of Paramount Global, the media giant that owns CBS, MTV and Nickelodeon. He and his backers have agreed to pay a little more than $2 billion for Shari Redstone’s National Amusements, the family company that controls Paramount.
But that deal won’t close unless Ellison can merge his production company, Skydance Media, with Paramount, and a number of hurdles stand in his way, including how to satisfy the company’s other investors.
Ellison and Paramount’s independent directors have committed to a month of exclusive talks, a…
