David Ellison Buys Property From National Amusements In Transaction

ACQUISITION IMAGE: David Ellison & Shari Redstone DATE: 01/11/2024 BUYER: David Ellison SELLER: National Amusements MARKET CAP: $9,400,000,000 PRICE: $XXX,XXX,XXX,XXX NOTE: Skydance Media CEO David Ellison is reportedly considering an all-cash bid to acquire National Amusements, the parent company of entertainment giant Paramount Global. With financing from existing investors including The Ellison family, RedBird Capital Partners, and Tencent, Ellison aims to take control of National Amusements and, if successful, explore a merger with Skydance. Talks are in the early stages and may not lead to a deal. Paramount, with a market capitalization of $9.4 billion, has attracted interest amid challenges in the global entertainment industry, and Ellison's bid may signal potential consolidation in the sector. #VentureCapital #DavidEllison #ShariRedstone #NationalAmusements #TradedVC

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Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard KnocksPuppy Sphere (@ThePuppySphere), a New York-based wellness brand centered on the human-animal bond, has raised a Seed round from a group of strategic investors including The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, former Massage Envy CEO David Humphrey, and other founders and operators. Founded by Francesca Albo and Lea Burbidge Izquierdo, Puppy Sphere has scaled its puppy yoga concept into a broader experiential wellness platform with 13 studios, corporate wellness programs, brand partnerships, and live activations, serving more than 450,000 customers and partnering with companies including Google, Amazon, Netflix, TikTok, and the NBA. FUN FACT: Puppy Sphere was born from two Canadian founders’ own mental health journeys and has since grown into 13 studios across North America, $14M+ in cumulative revenue, and 450,000+ customers, all without outside capital. Along the way, the brand has welcomed names like Sabrina Carpenter, Simu Liu, Trevor Noah and Alessia Cara, while building a broader wellness platform around the gentle power of puppy therapy. Now Puppy Sphere is opening its cap table for the first time through a strategic angel round, bringing together leaders across media, consumer growth and wellness, including The School of Hard Knocks, former Massage Envy CEO David Humphrey, growth entrepreneur Tobi Oluwole, and Nucleus Network co-founder Jake Fleshner, alongside a broader group of strategic founders and operators. The vision: bring the gentle power of puppy therapy across the globe. FOUNDERS: Francesca Albo (@FrancescaaAlbo), Lea Burbidge Izquierdo (@LeaburbIz) INVESTORS: The School of Hard Knocks (@TheSchoolofHardKnockz), Tobi Oluwole (@TheTobiOluwole), Jake Fleshner (@JakeFleshner) Torch Collective, Heather Stark, Will Bodewes, Craig Zingerline & more ROUND: Seed VALUATION CAP: $24,000,000 HQ: New York, New York #VentureCapital #PuppySphere #TradedPartner #FrancescaAlbo #TradedVC