Watch CNBC's full interview with Skydance CEO David Ellison and RedBird Capital's Gerry Cardinale

Skydance CEO David Ellison and Gerry Cardinale, RedBird Capital Partners founder and managing partner, join 'Squawk on the Street' to discuss Ellison's thoughts on the technology transformation inside Paramount, how it'll go about slowing the pace of cord-cutting, and more.