James Cameron and Ari Emanuel Offer Support of Skydance's Bid for Paramount [Yahoo! Finance]
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Source: Yahoo! Finance
Though reports earlier this week suggested that Paramount's special board committee was leaning against accepting Skydance's offer, Cameron and Emanuel told The Financial Times on Sunday that they supported Skydance founder David Ellison's potential leadership. More from The Hollywood Reporter Warren Buffett Has Sold His Paramount Stock: "We Sold it All, and We Lost Quite a Bit of Money" Paramount Expected to Part Ways With CEO Bob Bakish Amid Deal Talks 'The Smurfs Movie' Sets Starry Cast to Join Rihanna; Dave Bautista, Eric Nam Board 'Airbender' Franchise The deal, first offered during a 30-day exclusive negotiating window at the beginning of April, would see Skydance, joined by financial partners RedBird Capital and KKIR, acquire controlling shareholder Shari Redstone's stake in the company and then merge Skydance into Paramount, keeping it as a publicly traded company, with new leadership at the helm. “I love the Ellison idea,” Cameron, whose 1997 film Titanic remains
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