Ellison, Paramount
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The CEO of Paramount on Monday spoke for the first time about the $110 billion megadeal, which will see the smaller company, backed by tens of billions from his father Larry Ellison and tens of billions in debt from a consortium of lenders, swallow the larger one.
Larry Ellison, one of the initial investors in David Ellison's Paramount Pictures, has invested $450 million in Florida, minutes away from Trump's Palm Beach estate.
According to Reuters, Warner Bros. agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday, with Paramount Skydance agreeing to pay a $7 billion termination fee if federal regulators don’t approve the merger.
Oracle cofounder Larry Ellison's official residence is now in Manalapan, Florida, not the Hawaii island that he famously bought in 2012.
Less than a year ago, David Ellison was the head of a small production company. Now, he’s on the verge of becoming the king of Hollywood.
If Paramount can close its deal to buy Warner Bros. Discovery, Larry and David Ellison will influence nearly every corner of news, entertainment and tech.
Larry Ellison changed his permanent address to Florida. We've rounded up the most notable pieces of his billion-dollar real estate portfolio.
Democratic lawmakers are quietly plotting how hard to go after corporations like Larry Ellison’s Skydance Paramount should they retake the House in November. Those reps have told Semafor the time to