However, we are stronger because of this process, says the son of Oracle cofounder Larry Ellison.
Redstone wanted to, Ellison didnt want to, we understand.
Sony is a longshot.

Shari Redstone and David EllisonGetty Images
While I was focused on this effort, you all doubled down on Skydance.
For all of this and more, I thank you.
Skydance is stronger than ever because of you, and we are stronger because of this process.

For starters, we are smarter.
We know more about our business, our potential, and the marketplace at large.
I have great respect for the legacy of Paramount, value our ongoing partnership and wish them the best.
We have a lot to look forward to.