- Jane Fonda and Julia Roberts protested the Paramount-Warner Bros. merger and expressed concern over CNN's future ownership.
- A merger places entertainment and news assets under control involving HBO and Skydance Media.
- David Ellison acquired Bari Weiss's anti-woke outlet, Free Press, while merger talks involving CNN and Paramount continue.
A proposed $111bn media merger involving Paramount and CNN is underway, with Oracle and Larry Ellison involved.
1 report, 1 independent
Updated Aug 27
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What happened
A proposed $111bn media merger involving Paramount and CNN is underway, with Oracle and Larry Ellison involved.
Who's involved
What this event is mainly aboutKeep exploring
Part of
David Ellison acquired Bari Weiss's anti-woke outlet, Free Press, while merger talks involving CNN and Paramount continue.Also in this story
- Semafor reports on ongoing investment talks regarding Paramount, noting that potential ownership raises political alarm.
- Abu Dhabi Investment Authority funds support Paramount's expansion.
The entities involved
Related events
- BlackRock holds a substantial stake in Oracle, according to data compiled by Yahoo.
- Merger discussions between Paramount and Warner Bros. Discovery are progressing, with the deal structure including CNN and HBO under common ownership.
- David Ellison led an $111 billion bid to acquire Paramount as part of a media consolidation package.
- Larry Ellison holds about 40% of Oracle equity as the company competes in the AI infrastructure race alongside OpenAI and Nvidia.
- David Ellison is poised to complete an $111 billion purchase that would merge CNN and CBS News.