American billionaire Elon Musk invests $1 billion in Hollywood giant Skydance
Elon Musk has invested about $1 billion in Skydance, giving the debt-heavy owner of Paramount and Warner Bros. fresh cash as it cuts costs.
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Elon Musk has invested about $1 billion in Skydance, giving the debt-heavy owner of Paramount and Warner Bros. fresh cash as it cuts costs.
Paramount CEO David Ellison has considered asking Elon Musk to join a group of equity investors as his $111 billion Warner Bros. Discovery merger nears the finish line.
Levine’s appointment follows the departure of former CEO Thai Randolph in November, concluding her nearly decade-long tenure.