Spielberg will oversee creative direction as Michael Bay talks to direct next instalment
David Ellison led company targets $6 billion synergies and nearly $70 billion revenue
David Ellison and Ynon Kreiz to lead new company with executives from both media giants
David Ellison seeks new contract for Thompson as Paramount weighs CNN-CBS News integration
Edward Berger will direct Paramount sequel more than a decade after 2013 hit
