Paramount Now Belongs to David Ellison. What Will He Do With It?

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3 • 847 Ratings

🗓️ 28 July 2025

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Matt is joined by Bloomberg's Lucas Shaw to discuss the possible changes coming to Paramount now that Skydance and its CEO, David Ellison, are officially taking over. Just how much will the new media mogul influence the movies, shows, and news under the Paramount umbrella (02:17)? Matt, Lucas, and Craig finish the show with a prediction about ‘Happy Gilmore 2’ (26:59). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.Email us your thoughts! ⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠Host: Matt BelloniGuest: Lucas Shaw Producers: Craig Horlbeck and Jessie LopezTheme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	If you care about Hollywood, and I assume you do if you're listening to the town, you should really be getting the whole story about Hollywood. That's what you get with Puck. I'm a founding partner at Puck, and I write a newsletter called What I'm Hearing. It's got exclusive news for insiders and analysis of the biggest stories. Puck has a bunch of great journalists. We just hired Kim Masters, who also covers Hollywood from the inside, plus media, sports, fashion,
0:21.7	politics, and finance. It's a must-have for plugged-in people. Fans of the town get a
0:26.6	discount on the description page of this episode or at puck.news slash the town. Go further into
0:32.1	Hollywood by becoming a puck member today. I've ruled out uni because I want to live at home. I've ruled out uni because I want to earn money. I've ruled out uni because I want to live at home.
0:38.3	I've ruled out uni because I want to earn money.
0:41.3	I've ruled out uni because of my grades.
0:45.3	Study with the Open University and there's no need to rule out anything.
0:49.3	With our respected degrees, you can learn from home and work alongside study.
0:53.3	We're open to all.
0:55.0	Plus, you'll have the support of expert tutors.
0:58.0	So rethink your future with the degree you didn't think was possible.
1:02.0	The Open University. The future is open.
1:06.0	It is Monday, July 28th.
1:08.0	If it seems like we've been talking forever about the Paramount sale and the
1:12.6	federal government's pending approval of the deal, we kind of have this $8 billion sale of the
1:18.4	company behind the Paramount Movie Studio, CBS, cable channels, Paramount Plus. It was announced last July,
1:24.8	a lifetime ago in the political world. But on Thursday, it finally happened.
1:29.1	The FCC issued an order greenlighting the transfer of the CBS broadcast license.
1:34.6	The commissioner, Brendan Carr, he said he was satisfied that Paramount agreed to end its
1:38.9	DEI programs and monitor CBS News for so-called political bias. That was enough.
1:44.6	That was the last big hurdle for the deal that will give David Ellison and his
1:48.2	Skydance media control of the whole company.
	...

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