Ellison's Hollywood Bid Fails to Netflix
Update: 2025-12-07
Description
Larry Ellisons Hollywood Ambitions: A Bold Move and a Surprising DefeatLarry Ellison, the founder of Oracle, made a bold move to expand his familys influence in Hollywood, offering to buy Warner Bros. Discovery for at least sixty billion dollars. However, Netflixs unexpected eighty-two billion dollar offer for the company, including its film and television studios, HBO Max, and HBO, delivered a significant blow to Ellison. Despite this setback, sources suggest Ellison is not backing down, with Paramount preparing for a legal battle over the handling of the auction.
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