Ellisons plan to make a series of purchases if the Paramount-Skydance agreement is approved.
David Ellison isn’t the owner of Paramount, yet he aims to expand its reach with deep funds from Oracle’s founder, Larry Ellison. In today’s media landscape, companies need to scale up to stay competitive, even against those struggling. Meanwhile, Shari Redstone appears ready to offer Donald Trump $50 million in an effort to resolve a […]
Larry Ellison’s Oracle is ‘leading contender to help run TikTok’ in potential sale: report
The oracle of tech billionaire Larry Ellison is reportedly “a major candidate for running Tiktok” as the Trump administration works to ensure sales that avoids a complete ban on Chinese-owned apps. Until April 5, Trump will need to find a buyer for Tiktok after delaying enforcement of the Congressional ban for 75 days in January. […]
Larry Ellison’s backing of Trump’s $500B AI project could help save Paramount merger: sources
Billionaire Larry Ellison's support for Stargate, the groundbreaking $500 billion artificial intelligence infrastructure project touted by President Trump, is tied to the struggling Paramount Global and Skydance Media merger. It could help keep the wheels flowing, officials told the Post. The Oracle founder took to the stage with President Trump at the White House on […]
David Ellison’s Skydance demands Paramount stop talks with Edgar Bronfman
Skydance Media has accused Paramount Global’s special board committee of violating the terms of the deal by extending the period during which it could negotiate with other bidders, The Wall Street Journal reported Thursday. This comes after veteran media executive Edgar Bronfman Jr. made a favorable takeover bid for Paramount in exchange for $6 billion […]