Jeffrey Katzenberg On Paramount Drama – “Don’t Count David Ellison Out”
deadline.comAnother big Hollywood name is rooting for a Paramount-Skydance deal as Jeffrey Katzenberg says that outcome would be “a great win for Paramount and for people in the industry.” Speaking a the Axios BFD Talks: LA this evening, the DreamWorks co-founder and former Walt Disney Studios head acknowledged that the situation is complicated. “There’s a reason why the David Ellison deal did not fly, which I think is unfortunate.
Because I think David is a phenomenal entrepreneur, and he is super ambitious, and loves the movie business, the studio business.
I think that would have been a great win for Paramount and for people in the industry.” “The economic complexity of how this has sort of played out, over decades, by the way, makes it really hard to get to a successful outcome.
But not impossible. And I would say don’t count Ellison out,” said Katzenberg whose last venture was the fleeting 2020 mobile app Quibi for short form video, financed by his venture capital firm WndrCo..
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