

It’s confirmed but after a second read, I think that’s clear.
Interesting that Skydance Studios television, which was a prestigious brand, will sublimate under the Paramount Television Studios name. It does show a certain commitment to the merger on David Ellison’s part.
However, he has made Skydance profitable unlike another famous billionaire by inheritance who repeatedly went bankrupt.
It seems that his father’s approach is to let his heirs learn to run companies on their own with injections of capital that are staggering for others but just a couple years earnings on the family’s wealth.