Larry Ellison

Larry Ellison is the Oracle tycoon whose family, led by his son David Ellison, is at the center of a major media acquisition battle. David Ellison's Paramount Skydance is attempting to acquire Warner Bros. Discovery (WBD), competing with a rival bid from Netflix. This has triggered a bidding war, with Paramount sweetening its offer, including a "ticking fee" and covering termination fees if WBD backs out of the Netflix deal. The potential acquisition would place a vast array of media properties, including CNN, Nickelodeon, and HBO, under the control of the Ellison family. The deal is significant due to its potential reshaping of the media landscape and the involvement of prominent figures like Donald Trump, who has weighed in on related matters.