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 Ellison

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.

Tom Cruise in ‘Top Gun: Maverick’; Paramount Studios

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.