David Ellison and Jeff Shell Say Paramount Can Be “Winner” in Streaming, Plan $2B in Cost Savings ...Middle East

The incoming owners of Paramount Global laid out their vision for the company — and why the deal is a good one for investors — in a call with Wall Street analysts early Monday morning. Skydance CEO David Ellison, former NBCUniversal CEO Jeff Shell (who would be Paramount’s president when the deal closes), and Paramount’s three co-CEOs hosted the call, answering questions from the investor community, while a presentation included a refreshed Paramount logo … one that seemed to merge Skydance’s logo with the legacy studio’s. “The key thesis behind this transaction is our desire to inject Skydance as a pure play content company, to double down on Paramount’s prowess as one of the world-

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