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Power, politics and a $2.8-billion exit: How Paramount topped Netflix to win Warner Bros.
The Ellisons and their team began plotting their comeback in December, the morning after Netflix clinched its deal to buy Warner Bros.
David Ellison Used Political Ties, Deep Pockets to Buy Warner Bros.
After the board of Warner Bros. Discovery Inc. concluded a meeting Thursday afternoon, Chief Executive Officer David Zaslav called David Ellison and Ted Sarandos to let them know the results. The board had deemed Ellison and Paramount Skydance Corp.’s latest bid superior to that of Netflix Inc. and Sarandos.
WBD considers partnering with David Ellison, Paramount over Netflix
David Ellison's Paramount Skydance has a new offer for WBD that may force Netflix to pay more money, or drop its pursuit altogether.
Paramount bets that politics, price will win it Warner Bros.
David Ellison’s new bid puts the media scion back in the running for a company that should have been his from the start.
MIT nuclear science professor talks U.S. airlifting nuclear reactors
NBC News' Ellison Barber talks to MIT Professor of Nuclear Science Jacopo Buongiorno about the U.S. airlifting nuclear reactors and what that could mean for nuclear power in the country.
Astronaut Ellison Onizuka Science Day Returns To Hilo
HILO, Hawaiʻi – On the 40th anniversary of the Space Shuttle Challenger tragedy, the life and legacy of Hawaiʻi’s first NASA astronaut was celebrated.
Minnesota AG Keith Ellison accuses White House of "politics and retribution"
Paramount's data team gets shake-up as Ellison implements tech vision
Paramount is giving more power to a streaming data and insights executive as part of David Ellison's plan to make Paramount into a tech-first company.
FTX exec Caroline Ellison is now a free woman
Caroline Ellison, the former Alameda Research CEO, was freed this week after spending about 14 months of her two-year sentence in federal custody.
‘Smearing the victim’: Minnesota’s attorney general accuses federal investigators of maligning Renee good
Minnesota Attorney General Keith Ellison reacts to reports that the DOJ is investigating Renee Good’s possible ties to activist groups following her death. He says her background is “irrelevant” to the case and that it is an attempt to smear the victim.
Paramount refuses to back down in Warner Bros. Discovery takeover fight against Netflix
Paramount insists its $30 per share cash offer for Warner Bros. Discovery beats Netflix's $27.75 deal, despite board rejection of the hostile takeover bid.
Billionaires make strategic moves out of California ahead of proposed wealth tax
California billionaires like Larry Page and Larry Ellison are making business and real estate moves ahead of a proposed 5% wealth tax on assets over $1 billion goes into effect.
Minnesota AG responds to Republicans saying he’s asleep at the wheel: “Political theater”
Strengthening its mid-Florida presence, Moss acquires Ellison Construction
'We found a partner that values culture, collaboration and the community as much as we do.'
The 120 Most Powerful Executives in Entertainment, Ranked
From David Zaslav to Ted Sarandos and David Ellison, Variety celebrates its 120th year by ranking the 120 most powerful entertainment executives.
The Ellisons add TikTok's U.S. business to their entertainment empire
TikTok has signed a deal to sell its U.S. operations to a group of investors led by Larry Ellison, the billionaire ally of Trump whose family media and entertainment empire just got bigger.
The Ellisons add TikTok's U.S. business to their entertainment empire
TikTok has signed a deal to sell its U.S. operations to a group of investors led by Larry Ellison, the billionaire ally of Trump whose family media and entertainment empire just got bigger.
My kids are 37, 32, and 4 years old. Being an older mom is different.
Charisse Ellison has sons, aged 37 and 33, and a daughter, 4. She delivered the girl at 51 and compares her experiences as a younger and older mom.
Why WBD says shareholders should reject Paramount's bid and go with Netflix
Warner Bros. Discovery's board rejected Paramount Skydance and CEO David Ellison again. Read WBD's full letter to shareholders.
FTX insider Caroline Ellison has been quietly moved out of prison
Former cryptocurrency executive Caroline Ellison was transferred from a Connecticut prison to community confinement after serving 11 months.
Netflix CEOs Defend Warner Bros. Deal in Memo to Employees: ‘We See This as a Win for the Entertainment Industry, Not the End of It’
Ted Sarandos and Greg Peters, the co-CEOs of Netflix, issued a memo to staffers that conveyed their belief that the company's deal to buy Warner Bros. and HBO Max will withstand a counterattack by David Ellison's Paramount Skydance and will clear regulatory hurdles.
Larry Ellison just lost $25 billion of his net worth in one day
Larry Ellison saw his wealth plunge after Oracle's earnings miss spooked investors and raised fresh questions about the company's massive AI spending.
Disappointing Oracle results knock $70bn off value amid AI bubble fears
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth but big rise in spending
David Ellison says he knows why the Warner Bros. Discovery board can't accept his most recent offer
Paramount's David Ellison said that if Warner Bros. Discovery's board took his current offer, it would be "admitting breach of fiduciary duty."
Leaked Paramount memo reveals what CEO David Ellison told staffers about its hostile WBD bid
Netflix made a winning bid for Warner Bros., but Paramount Skydance has not given up. Read Paramount CEO David Ellison's memo to Paramount employees.
Paramount Launches Hostile Bid for Warner Bros.
David Ellison's Paramount is launching a hostile bid for Warner Bros. Discovery, the company said on Monday.