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Inside the First Day of Paramount’s New Regime Under David Ellison

LOS ANGELES COUNTY, CALIFORNIA, AUG 7 – David Ellison pledges investment in CBS News amid an $8.4 billion merger, following a $16 million lawsuit settlement with Donald Trump and significant organizational changes.

Summary by Ground News
Control of Paramount, the legendary but troubled TV and movie maker, shifted to Silicon Valley scion David Ellison on Thursday, following a protracted and politically tainted merger process.

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CNN broke the news in Atlanta, United States on Thursday, August 7, 2025.
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