this post was submitted on 05 Sep 2024
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Television

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Larry Ellison (Oracle) to run Paramount (lemmy.world)
submitted 1 week ago by [email protected] to c/[email protected]
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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.

https://www.reuters.com/business/media-telecom/billionaire-larry-ellison-control-paramount-after-deal-bloomberg-news-reports-2024-09-05/

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[–] [email protected] 12 points 1 week ago

This seems like a bad idea.

[–] [email protected] 6 points 1 week ago

I guess bye bye star trek

[–] [email protected] 4 points 1 week ago

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.