Ellison spoke with CBS journalists on his first day, acknowledging the stresses of the past year and touting the importance of “fact-based journalism,” a person in attendance said.

Skydance Media finally took the reins of Paramount Global on Thursday — capping a long-winding saga after the $8 billion merger risked being derailed by political scrutiny and shareholder concerns. The new publicly traded company,

Longtime Ellison lieutenant Dana Goldberg will run Paramount Pictures with former Sony executive, Josh Greenstein. Only one senior Paramount executive, George Cheeks, will remain after this week's Skydance takeover.