#skydance-media tag

David Ellison's Paramount merger cements the era of the 'nepo CEO' | Fortune

David Ellison's Skydance Media secured an $8 billion deal to merge with Paramount Global, marking his rise as a nepo CEO.

fromFortune

4 months ago

When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in airshows before leaving it to become a Hollywood executive | Fortune

David Ellison's ascent to the summit of Hollywood power traces an unconventional flight path. At 13, the Oracle founder's son received an extraordinary gift from his father: his own airplane. By 17, he was performing aerial acrobatics in professional airshows. Two decades later, he has traded the cockpit for the boardroom, steering his company through a $8 billion merger that placed him atop Paramount, with hopes of adding Warner Bros. to his trophy case.

Film

fromFortune

6 months ago

Meet Larry Ellison: the 81-year-old tech billionaire-turned-media mogul whose family could soon own CBS, Paramount, CNN, and TikTok | Fortune

Ellison has been an ongoing ally of the president, raising millions for his campaign and advising him during the COVID-19 pandemic. And now, he's poised to play a critical role in President Donald Trump's executive order for TikTok's U.S. operations. The U.S. branch of TikTok is valued at approximately $14 billion. Oracle, along with private equity group Silver Lake and Abu Dhabi's MGX will control around 45%.

Business

Arts

fromwww.npr.org

6 months ago

CBS' next top editor to be Bari Weiss of The Free Press

Bari Weiss will join CBS News as editor in chief while Skydance acquires The Free Press to shift CBS coverage toward right-of-center viewers.

US politics

fromwww.npr.org

7 months ago

CBS shifts to accommodate the right under new owner

Skydance's CBS ownership implemented conservative-aligned changes and pursued talks to reshape major media assets, aligning the network closer to Trump allies.

#merger

fromFortune

8 months ago