Ellison Backs $81B Hollywood Bid, Netflix in the Crosshairs
Update: 2025-12-22
Description
Billionaire Larry Ellison backs Paramount-Skydances $81 billion bid for Warner Bros Discovery, aiming to outmaneuver Netflixs $62 billion offer. Ellisons son David leads the charge, with Oracle shares dipping amidst the controversy. The battle for Hollywoods future intensifies, with potential regulatory concerns and a studio rivaling Disney at stake.
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