Tag: Larry Ellison

TikTok will avoid a U.S. ban after President Trump signed an executive order approving a joint venture deal valuing its U.S. business at $14 billion. Oracle, Silver Lake, and MGX will control a 45 percent stake in the new entity,…

Netflix is reportedly exploring a bid for Warner Bros. Discovery’s studio and streaming assets following the company’s decision to split into two standalone entities. The breakup has sparked interest from multiple suitors, including Skydance’s David Ellison. While Netflix has avoided…

Donald Trump hinted at a U.S.–China deal involving TikTok, likely placing Oracle, cofounded by Larry Ellison, back in the spotlight as a key player. This comes amid Ellison’s recent $8 billion Paramount Skydance merger and rumors of a potential $70…

Paramount Skydance is preparing a takeover bid for Warner Bros. Discovery, igniting speculation of a larger bidding war that could reshape the entertainment industry. Warner Bros. Discovery stock surged nearly 30 percent on the report, while Paramount shares rose more…

Paramount Skydance CEO David Ellison is mandating a full-time return-to-office policy starting January 2026, requiring staff in Los Angeles and New York to work on-site five days a week. The move is part of a broader strategy to drive culture…

Paramount Global and Skydance Media have extended their $8B merger agreement after failing to secure FCC approval by the April 7 deadline. All other conditions have been met, but the deal remains stalled due to regulatory uncertainty tied to a…

Paramount's merger with Skydance got the green light from the SEC and European Commission, but it's not smooth sailing just yet. The FCC is digging into the deal, partly due to renewed political drama around CBS News, and shareholders are…

Project Rise Partners has submitted a $13.5 billion bid for Paramount Global, surpassing the $8 billion Skydance-RedBird offer backed by Larry Ellison. PRP's proposal offers higher shareholder payouts, $2 billion in financing, and commitments to grow Paramount’s workforce. The group…

Business Insider explores how David Zaslav of Warner Bros. Discovery pursued a merger with Paramount throughout 2024 but never made a formal cash offer, a key condition for Paramount's Shari Redstone. With no proposal from WBD, Paramount opted for a…

The Hollywood Reporter contemplates which Ellison will truly control Paramount after Skydance chief David Ellison is installed as CEO. While David is set to lead the company and manage its operations, his father, Larry Ellison, will retain control through the…