Larry Ellison Will Control Paramount, WBD Creates Division for Parks and Experiences and Debating Steroids Use in Hollywood

Plus: Toronto Film Festival protesters disrupt opening night, UK drops Weinstein indecent assault charges and Nova festival doc to debut on Paramount+ [Larry Ellison, David Ellison]( [Larry Ellison Will Hold Controlling Stake in Paramount Global With Skydance Merger, Filing Shows]( By Lucas Manfredi Oracle co-founder Larry Ellison is set to acquire a controlling majority stake in Paramount Global when his son David Ellison and RedBird Capital Partners close an $8 billion deal to acquire the Hollywood studio, according to a new regulatory filing with the Federal Communications Commission. The filing, which is required due to the sale involving the transfer of broadcast licenses related to the CBS Television Network and local TV stations, notes that the older Ellison will own 77.5% of National Amusements through a trust and series of corporations. The remainder of NAI will be owned by RedBird Capital Partners founder Gerry Cardinale’s RB Tentpole LP, which will control 22.5% if the deal goes through. [Read More]( --------------------------------------------------------------- [WBD Sets New Global Division for Experiences, Parks, Exhibitions and More in Restructuring]( By Drew Taylor Bruce Campbell, chief revenue and strategy officer of Warner Bros. Discovery, announced Thursday a new global structure for the company’s worldwide studio tours, retail destinations, touring exhibitions and all location-based experiences. The change will bring together “the existing licensed entertainment and owned and operated teams into a single worldwide division,” according to the official release. Warner Bros. Discovery Global Experiences will be charged with strategically expanding the company’s experiences and pursuing new businesses that capitalize on the company’s world-class intellectual property like those with Universal Destinations & Experiences, which handles the lucrative Wizarding World of Harry Potter rides, shows and attractions; and Miral, and its Warner Bros. Studio Tours in London, Hollywood and Tokyo. [Read More]( --------------------------------------------------------------- [hugh-jackman]( [‘It’s All One Giant Charade’: Steroids and Hollywood's Drive for Super(hero)-Perfection]( By Umberto Gonzalez and Sharon Knolle It started with the social media speculation. “Natty or Not?” people asked, questioning whether Hugh Jackman could possibly have avoided taking steroids to produce the eye-popping physique on display in “Deadpool & Wolverine.” Being “natty” — meaning, natural — seemed important to Jackman, 55, who has repeatedly denied using any chemical or hormone enhancements to create the gleaming sharp cuts in his abdomen, and the veins rippling around his muscled arms as “Wolverine.” [Read More]( --------------------------------------------------------------- [TIFF protesters]( [Toronto Film Festival Protesters Disrupt Opening Night Screening, Accuse Sponsor RBC of Funding Genocide]( [Harvey Weinstein]( [Harvey Weinstein Indecent Assault Charges Dropped in UK]( ["We Will Dance Again" (Paramount+)]( [Nova Music Festival Doc 'We Will Dance Again' Set for September Premiere on Paramount+]( [Blaze Media Logo]( [Blaze Fires YouTube Contributor Linked to Alleged Russian Influence Campaign]( --------------------------------------------------------------- [WrapPRO logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](