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The Latest Breaking News from Larry Ellison

One $180 Billion Family Now Controls Every Voting Share of the Company That Owns CNN, CBS, and HBO. It Only Cost About 9% of Their Fortune.

Some of the top names in U.S. media are now owned by just one family.

Barchart · 17h ago

‘Musk’ documentary goes nationwide this week after getting under Elon’s skin

Filmmaker Alex Gibney has endured repeated verbal attacks by Elon Musk in the lead-up to the release

The Independent UK · 18h ago

Elon Musk just lost his trillionaire status again after three days—but he says 'it’s not like it’s sitting in a bank account' anyway

SpaceX founder Elon Musk lost $63 billion in the span of days, falling out of the trillionaire club for the second time.

Fortune · Oct 9

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read the most diverse news in one place.

The ultrawealthy are buying nearby homes to keep staff close—and Larry Ellison and Mark Zuckerberg are two examples

Ellison spent nearly $10 million on homes for his staff near his Florida estate, while Zuckerberg has spent more than $110 million buying up his Palo Alto block.

Fortune · Oct 8

Ellison Seeks Higher Price? Larry relists Seminole Beach estate for $165 million; potential record land sale

Larry Ellison is putting his North Palm Beach estate back on the market, initially acquired for $80 million, now with a hefty asking price of $165 million. Spanning 8.4 acres and featuring direct beachfront access within a gated community, the estate boasts luxurious amenities. Despite potential redevelopment plans, the existing…

The Times of India · Oct 7

Donald Trump calls new CNN owner David Ellison a ‘big supporter’ and friend. But Ellison says he supports the network’s lawsuit against Trump

He promises not to interfere in the network’s editorial independence.

We Got This Covered · Oct 7

The New Hollywood Titan: Inside the $110B Skydance Empire That Just Redefined the Streaming Wars

Skydance Corporation closed its $110B acquisition of Warner Bros. Discovery today. Here's what the deal means for streaming, news, and cinema.

Latin Times · Oct 7

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Layoff Fears Mount as $81bn Paramount-Warner Bros Merger Closes, Staff Warned of 'Difficult Decisions'

Paramount and Warner Bros. Discovery merge as Skydance targets $6bn in synergies and warns staff of difficult workforce decisions.

International Business Times UK · Oct 6

Paramount completes takeover of Warner Bros, creating media behemoth Skydance

Paramount completed its acquisition of Warner Bros Discover on Tuesday, after a bidding war against Netflix. The deal closed following federal approval of a settlement between Paramount and 12 US states that tried to block the transaction on antitrust grounds. Opponents in the movie industry warned of job cuts, while…

France 24 · Oct 6

Elon Musk is a trillionaire again—and he'd still be the richest person on the planet even if he gave everyone $90

Musk could buy everyone on the planet a pair of Apple AirPods, a three-course dinner, or a nice pair of Levi’s jeans, and he’d still be the world’s richest with $298 billion.

Fortune · Oct 6

Mark Ruffalo says Paramount's $111 billion Warner Bros. deal ‘Will stifle creativity, weaken free speech, and cost people their jobs’

A federal judge cleared the final legal hurdle for the megamerger on Wednesday. The deal is expected to close Oct. 6.

Fortune · Oct 2

Paramount takeover of Warner Bros. Discovery clears legal hurdle

A federal judge on Wednesday approved a settlement clearing Paramount’s takeover of Warner Bros. Discovery after 12 US states challenged the deal on antitrust grounds. The agreement includes safeguards for CNN’s editorial independence and requires the merged studio to release at least 30 films a year for its first two…

France 24 · Sep 30

Billionaire Bought 8 Homes in Gated Florida Community for His Children's Tutors and Staff, Some Even Have Pools

Oracle co-founder Larry Ellison bought eight homes in a gated Boynton Beach community for household staff and his children's tutors, spending nearly $10M.

International Business Times UK · Sep 29

Elon Musk Called This Four-Hour Documentary a 'Hit Piece' - Now It's Heading to HBO Amid $110B Takeover

Alex Gibney's Elon Musk documentary, premiered at Venice, faces a possible streaming release influenced by Larry Ellison's backing and a $110B Warner Bros. bid. It explores Musk's impact on democracy.

International Business Times UK · Sep 29

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Fortune · Sep 26

Oracle gave Larry Ellison and his new co-CEOs nearly $1 billion in stock options. By fiscal year end, all were underwater

New CFO Hilary Maxson, who opted to take some of her pay in restricted stock units, fared much better.

Fortune · Sep 25

Upstart sports leagues fail constantly. SailGP is beating the odds

Also: All the news and watercooler chat from Fortune.

International Business Times UK · Sep 24

Elon Musk Could Invest in Warner Bros Owner as HBO-Backed Documentary About Him Awaits Release

Elon Musk may join Paramount Skydance's investor group as it funds its proposed Warner Bros Discovery takeover, weeks before Alex Gibney's 'Musk' reaches US cinemas.

BANG Premier · Sep 24

Paramount seeks another $7.5 billion as Warner Bros mega-deal hits delay

David Ellison’s entertainment giant is lining up billions in additional borrowing to fund its Warner Bros Discovery takeover as opponents continue their legal challenge.

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Capital & Main · Sep 24

Press Freedom Becomes an Afterthought in Paramount-Warner Merger Deal

The settlement includes a vague vow to protect CNN and CBS journalism, and few details on how an “editorial independence board” might work.

International Business Times UK · Sep 24

'What Could Go Wrong?': Elon Musk's Possible CNN and CBS News Stake Raises 'Alarm Bells' Online

Elon Musk is reportedly being considered as an investor in Paramount as it funds its proposed Warner Bros. Discovery acquisition, potentially giving him indirect stakes in CNN and CBS News.

The Independent UK · Sep 23

Elon Musk suggested as investor for Warner-Paramount merger that would put him in group running CNN and CBS News

The $111 billion merger moved closer to completion this week

International Business Times UK · Sep 23

Elon Musk Could Back Paramount's $110bn Warner Bros Deal After Larry Ellison's $1bn X Investment

Paramount is reportedly considering asking Elon Musk to join the investor group funding its proposed £83bn Warner Bros. Discovery takeover, following Larry Ellison's backing of X's acquisition.

The Guardian - US · Sep 21

Plan for editorial oversight board at CNN and CBS News draws skepticism: ‘Utter garbage’

Some network employees and media-watchers have questions and concerns about how arrangement will work

The Guardian - US · Sep 21

Paramount settles lawsuits with 12 US states, clearing way for Warner merger

States including California and New York sued over concerns of ‘extinguishing competition’ with $81bn merger

The Independent UK · Sep 21

John Oliver jabs at Paramount CEO David Ellison and his ‘business daddy’ Larry

Oliver’s HBO show has been renewed through 2027

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