All articles tagged with #ellison
Originally Published 18 days ago — by The New York Times
Larry Ellison, co-founder of Oracle, is backing a $108 billion hostile bid for Warner Bros. Discovery to help his son, David Ellison, CEO of Paramount, expand their influence in Hollywood and media, highlighting a close and strategic father-son partnership.
Originally Published 19 days ago — by TipRanks
Warner Bros.' fifth-largest shareholder criticizes Ellison's $40 billion guarantee as insufficient for Paramount's revised bid, highlighting ongoing tensions in the media industry deal negotiations.
Originally Published 25 days ago — by Variety
Warner Bros. Discovery rejected Paramount Skydance's $30 per share takeover bid, citing concerns over valuation, regulatory issues, and the company's strategic direction, while the WBD board favored a deal with Netflix. The negotiations involved intense discussions over pay packages, foreign investment, and regulatory approvals, with Paramount's bid ultimately deemed insufficient compared to Netflix's offer.
Originally Published 2 months ago — by Deadline
Paramount CEO David Ellison emphasized the company's focus on building and opportunistic M&A strategies, notably pursuing Warner Bros Discovery amid ongoing sale talks, but did not comment on specific merger rumors or WBD's potential sale details.
Originally Published 2 months ago — by Variety
David Ellison is aggressively pursuing a takeover of Warner Bros Discovery with bids up to $23.50 per share, totaling around $93 billion, but his offers have been rejected. WBD is exploring sale options amid interest from other tech giants like Netflix, Amazon, and Apple, and is considering splitting into two companies. The potential merger with Paramount could lead to significant layoffs and industry consolidation, driven by the need for scale and high-value IP in the declining linear TV market.
Originally Published 2 months ago — by Common Dreams
The Trump administration reportedly favors a bid by Paramount Skydance, led by David Ellison, to acquire Warner Bros. Discovery, raising concerns about potential corruption and media consolidation, with critics warning of increased corporate control over news and entertainment.
Originally Published 3 months ago — by Deadline
David Zaslav's Warner Bros. Discovery is planning to split the company to reduce debt, while Paramount's David Ellison is exploring a potential $60 billion acquisition, with industry skepticism about the interest from major streaming giants like Netflix and Amazon. The deal landscape is complicated by debt, regulatory hurdles, and strategic considerations, with Zaslav aiming to maximize shareholder value amid a challenging media environment.
Originally Published 3 months ago — by | Cord Cutters News
Warner Bros. Discovery is nearing a $75 billion merger with Paramount, led by David Ellison's Skydance Media, aiming to acquire WBD's assets before its planned split, with industry insiders suggesting a strategic, speed-focused deal to avoid bidding wars and regulatory hurdles.
Originally Published 3 months ago — by Techdirt.
The article discusses the potential sale of TikTok to billionaire conservatives like Rupert Murdoch and Larry Ellison, who plan to turn it into a platform for right-wing propaganda, raising concerns about increased bias, reduced regulation, and the erosion of ethical content, with parallels drawn to other media consolidation efforts.
Originally Published 3 months ago — by MMA Fighting
Brando Pericic made a stunning UFC debut at UFC Perth, knocking out Elisha Ellison in the first round with relentless ground shots, marking his third consecutive first-round stoppage and improving his MMA record to 5-1.
Originally Published 3 months ago — by CNN
President Trump announced that tech and media leaders Larry Ellison, Michael Dell, and the Murdochs will be involved in a consortium to acquire TikTok's US operations, potentially replacing the previously mentioned Oracle-led group, as part of a broader effort to ensure American control over the platform's data and operations.
Originally Published 4 months ago — by New York Post
Paramount Skydance, backed by Larry and David Ellison, is preparing a mostly cash bid to acquire Warner Bros Discovery, aiming to consolidate major media assets including Hollywood studios and news networks, which could significantly reshape the media landscape amid ongoing restructuring and debt challenges at WBD.
Originally Published 5 months ago — by Barron's
Skydance Media's acquisition of Paramount presents a renewed opportunity for investors to bet on the company's revival under new CEO David Ellison, who aims to streamline operations, boost content investment, and leverage the Ellison family's wealth to turn around the struggling media giant, despite a complex deal structure and industry challenges.
Originally Published 5 months ago — by CNN
Paramount's new CEO David Ellison praises 'South Park' as a profitable asset and part of the company's growth strategy, despite ongoing political tensions and criticisms of President Trump, emphasizing the show's importance for Paramount+ and its independence from government regulation.
Originally Published 5 months ago — by TipRanks
Paramount Global and Skydance Media have completed their $8 billion merger, creating a new company called Paramount, a Skydance Corporation, with CEO David Ellison at the helm. The company plans to restructure into three units, enhance technology integration, and focus on cost efficiencies and innovation to restore Paramount's legacy and lead in entertainment.