#davidellison

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@CultureDesk@flipboard.social · Feb 28, 2026
Paramout Skydance finally outbid Netflix this week for Warner Bros Discovery, committing to paying $111 billion. But that doesn't mean CNN will be owned by the Ellisons tomorrow. @Slate@flipboard.com says that there are multiple uphill slogs ahead before the deal goes through, including legal challenges from Democratic state attorneys on antitrust grounds and regulatory hurdles in Europe. Plus, Paramount Skydance is taking on a huge amount of debt — Warner Bros. existing $33 billion load plus tens of billions of Gulf state-backed money. "There’s a not-insignificant chance the Ellisons will soon find themselves way, way over their heads, having overpaid drastically for a portfolio that’s not gonna be anywhere as lucrative for them," writes Nitish Pahwa. https://flip.it/bYfn6I #Media #Entertainment #DavidEllison #WarnerBros #Paramount #Skydance
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@drrjv@vmst.io · Feb 18, 2026
%Billionaires Gone Wild A few stories about centibillionaires — men whose net worth exceeds $100 billion — and their role in our society: · In 2022 Elon #Musk, the richest man in the world, purchased Twitter. Since then he has turned the platform into a racist cesspool, overrun by literal Nazis. · Last year #Skydance Media, run by #DavidEllison — the son of #LarryEllison, the world’s 6th richest man — acquired #Paramount, which includes #CBS. The new management put #BariWeiss, a conservative pundit with no relevant experience, in charge of CBS News. https://paulkrugman.substack.com/p/billionaires-gone-wild #ellison #plutocracy
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