Ellison Cements Status as Hollywood Mogul With Studio Mega-Deals

AI Summary

David Ellison has acquired Paramount and Warner Bros. Discovery, consolidating ownership of two major Hollywood studios through a series of mega-deals. Leading both companies marks the fulfillment of a long-held ambition for Ellison, son of billionaire Larry Ellison.

It took just 13 months for David Ellison to acquire two of Hollywood’s most storied movie studios, but for the son of billionaire Larry Ellison, running both Paramount Skydance Corp. and Warner Bros. Discovery Inc. fulfills an ambition he’s held for years.