Larry Ellison: The Billionaire Behind America’s Growing Media Empire

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Source: Business Insider
Larry Ellison: The Billionaire Behind America’s Growing Media Empire
Photo: Business Insider
TL;DR Summary

Paramount CEO David Ellison is aggressively reshaping the media landscape by appointing Bari Weiss to CBS News and considering acquisitions like Warner Bros. Discovery, backed by his father's wealth, aiming to create a new media empire that could significantly impact Hollywood's structure and employment, while also raising concerns about media consolidation and industry disruption.

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