"It's no surprise that the significant value of our portfolio is receiving increased recognition by others in the market," CEO David Zaslav said.

Oracle founder’s takeover of traditional and new media companies labelled ‘dangerous for democracy’ by US press watchdog

A bidding war could take the total price of WBD from around the $50 billion Ellison is currently eyeing to upwards of $60 billion – which is exactly what WBD’s deal-savvy CEO David Zaslav

Paramount's initial bid for the home of HBO and Warner Bros. was dismissed, but one way or another the company will grapple with major change in the coming year.

The father-son duo behind Oracle and Skydance now control CBS, are set to take a stake in TikTok, and are reshaping the US media landscape.

Media mogul David Ellison is preparing to finally submit an official merger bid for Warner Bros. Discovery, On The Money has learned – but don’t expect wedding bells and rose petals anytime soon. Ellison – who has stayed eerily silent since reports leaked last month that his media giant Paramount Skydance might bid for WBD – could disclose a takeover bid as soon as this week for the owner of the Warner Bros.

Stephen Colbert kicked off The Late Show Thursday with a sarcastic jab at his soon-to-be former boss, expressing his “love” for Paramount Skydance chief David Ellison while quipping that he just bought his canceled show a “couple more months.”

Larry Ellison helped finance the $8-billion takeover of Paramount, and his largesse would be key in any deal for Warner Bros. Discovery.

Days earlier, Trump lavished praise on Ellison and his father, Larry Ellison, who now control CBS through their $8.4B Paramount Skydance merger.

"The Late Show" host Stephen Colbert joked about loving Paramount CEO David Ellison after CBS announced his show will end in May 2026.