Paramount, Warner Bros. and Owned
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Here’s everything in the Ellisons’ massive media empire if Paramount-Warner Bros. deal proceeds
Larry and David Ellison of Paramount Skydance are poised to control a behemoth media empire if their winning bid for Warner Bros. Discovery gains regulatory approval – adding HBO, CNN and thousands of movie titles to Paramount,
But unlike Netflix, Paramount and Warner Bros still rely on ticket sales to bolster the returns on their movies, points out Hargreaves Lansdown's Matt Britzman "which should mean fewer films being rushed straight to streaming".
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.
Only five of Skydance's features to date — three of them starring Tom Cruise — have generated more than $200 million domestically.