Summary
Tech billionaire Larry Ellison and his son David Ellison are becoming influential figures in the U.S. media industry. They are pursuing deals with major companies like Paramount and potentially Warner Brothers Discovery, which could significantly expand their influence in media.
Key Facts
- Larry Ellison is the co-founder of Oracle, a major tech company involved in databases and cloud computing.
- Larry Ellison's wealth is approximately $370 billion, partly due to his stake in Oracle.
- Larry Ellison has a connection with U.S. President Donald Trump, which has supported his business activities.
- Oracle became involved with TikTok during Trump's presidency, handling U.S. user data.
- David Ellison founded Skydance, a successful movie studio, and acquired Paramount with his father's support.
- David Ellison's studio shifted into television, gaming, and sports.
- The Ellisons are considering a bid for Warner Brothers Discovery, which includes CNN and HBO.
- The potential acquisition of Warner Brothers Discovery needs approval from U.S. competition regulators.
