So although Paramount is being purchased by Skydance media, it’s being bankrolled by Ellison of Oracle software fame. Why he wants to run an entertainment studio, I have no idea.
He’ll have financial control but not operational. It looks like his son will be ceo and president, so I guess maybe it’s a nepobaby purchase?
Oh, good, that’s soooo much better.
I guess bye bye star trek
I really don’t like Oracle and I really don’t like Larry Ellison. What his daughter Megan is doing though with Annapurna pictures and especially Annapurna interactive is amazing. And apparently his son, David, who the article mentions would run the place seems to be heavily involved in the movie industry as well. I don’t know, weirdly this makes sense and actually sounds like a decent idea.