Media conglomerate controlled by the Ellisons; absorbing Warner Bros. and CNN
Company · United States · Organization
Paramount Skydance is the media conglomerate controlled by David Ellison, son of Oracle co-founder Larry Ellison. It agreed a $110B merger with Warner Bros. Discovery, approved by WBD shareholders in April 2026, which would bring the Warner Bros. studio and cable channels including CNN and HBO under Ellison control; NPR reported the foreign financing was partly sourced from Saudi Arabia and Qatar, and that the deal still faces regulatory review in the United States and Europe, with California's attorney general investigating it for antitrust violations. Critics in Hollywood, NPR reported, say the merger gives too much power to a family that is friendly with President Trump. That family's patriarch gave $16.6M to Friends of the Israel Defense Forces in 2017, the largest single gift in its history. Who owns the news decides whose dead are counted.
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a $110 billion merger with Paramount–Skydance ... media mogul David Ellison — son of Oracle co-founder Larry Ellison — will control the legendary Warner Bros. studio
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