David Ellison has wasted no time putting his stamp on Paramount
1. Paramount Skydance's CEO plans major investments in content and technology. 2. Merger with Skydance led to a $7.7 billion UFC streaming deal. 3. Potential Warner Bros. Discovery acquisition could expand Paramount's franchise portfolio. 4. Staff layoffs of 2,000 to 3,000 people are planned amid restructuring. 5. Long-term strategy may take years to show financial results.