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Larry Ellison, via his son’s company, is set to gain massive control over U.S. media, including CBS, Paramount, CNN, HBO, and TikTok, through major deals and a potential $80 billion bid.
Billionaire Larry Ellison, founder of Oracle, is poised to become the most powerful media magnate in U.S. history, according to the New York Times.
Through his son David Ellison’s Skydance Media, he holds a major stake in CBS and Paramount, following an $8.4 billion merger that created Paramount Skydance Corporation.
The company recently secured a seven-year, $7.7 billion deal to broadcast UFC events.
Ellison is also reportedly preparing an $80 billion all-cash bid for Warner Bros.
Discovery, which owns CNN, HBO, and Warner Bros. studios, and plans to join a consortium with Oracle and Andreessen Horowitz to acquire a major stake in TikTok as part of a Trump-backed deal.
These moves could give him control over major media platforms, including a leading social media app, a top movie studio, a major streaming service, and two major news outlets, potentially amplifying political influence and raising concerns about media concentration and freedom.
Larry Ellison, a través de la compañía de su hijo, está listo para obtener un control masivo sobre los medios estadounidenses, incluidos CBS, Paramount, CNN, HBO y TikTok, a través de importantes acuerdos y una oferta potencial de $ 80 mil millones.