Ever since the media mogul John Malone helped persuade David Zaslav to leave NBC and become the CEO of Discovery Communications, the executive has defined his leadership by dealmaking. He acquired Scripps Networks to try and build a reality-driven entertainment giant, and forged the deal for WarnerMedia over golf emojis with AT&T CEO John Stankey. But the next few months …
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Billionaire Larry Ellison ponied up the money for his family to acquire the controlling stake in Paramount two months ago, and the tech titan would need to write another huge check should Paramount buy Warner Bros. Discovery. So, in Hollywood circles, the question has been: How involved is the elder Ellison in Paramount’s strategy and operations? Paramount Chief Executive David …
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As speculation swirls about whether Paramount Skydance will try to acquire for rival media giant Warner Bros. Discovery, the former’s CEO says he’s not able to talk about it. “We’re a publicly traded company, so we’re not in a position to be able to comment on rumors or speculation of any kind,” Paramount Skydance head David Ellison said Thursday at …
Read More »Big changes are happening in media — and one last name is at the center of it all: Ellison. David Ellison is showing his ambitions are far greater than using media to buy more influence and Hollywood glamour. The son of tech billionaire Larry Ellison is shaking up storied institutions in news and entertainment as he seeks to build Paramount …
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Paramount Skydance’s hiring of Makan Delrahim was the easy part. Now the media giant’s CEO David Ellison is hoping his new super lawyer can entice David Zaslav to sell most if not all of Warner Bros. Discovery. The Post has learned that since taking the job last week, Delrahim — who was the Justice Department’s antitrust chief during the first …
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Brando Pericic just made one heck of a UFC debut. On Saturday, Pericic took on Elisha Ellison in a prelim heavyweight bout at UFC Perth. It was a matchup that was originally slated to take place on Contender Series but the powers that be decided to move it to the UFC Perth card instead, and Pericic made the most of …
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“Maybe 10 years ago, he was like, ‘I want Marco Rubio to be president,’” the same source says. Many players first started hearing of Ellison in the lead-up to the 2024 Republican presidential primary. At that point, after years of donating to both parties, Ellison was seen internally as doing Trump a small favor by pledging his financial support to …
Read More »TikTok Deal Could Make Oracle Founder Larry Ellison a New Kind of Media Mogul The New York Times Meet the Ellisons: America’s new Rockefellers Financial Times Tony Blair’s billionaire ally shifting the world’s media to the Right The Telegraph Is Larry Ellison Building a MAGA Media Empire? Newsweek The Reset: Media’s New Patriarchy Without All the Shakespeare TheWrap Source link
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That meant a sizable gain for Ellison’s net worth, which is heavily tied to the company. The 81-year-old entrepreneur co-founder, who currently owns more than 40% of Oracle, subsequently enjoyed a $101 billion surge in wealth overnight, to $393 billion—placing him ahead of Musk’s $385 billion fortune. He joined the likes of Amazon executive chairman Jeff Bezos and LVMH’s Bernard …
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This is how you can invest like the world’s second-wealthiest person. The recent surge in the share price of Oracle (ORCL -1.22%) briefly made CEO Larry Ellison the world’s richest human, exceeding the vast fortune of Tesla (TSLA -0.56%) CEO Elson Musk. The price of Oracle stock has since retreated a bit, putting Ellison back in second place. But it’s worth …
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