Larry Ellison (Oracle) to run Paramount (lemmy.world)

submitted 2 months ago by reddig33@lemmy.world to c/television@lemmy.world

6 comments fedilink hide all child comments

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/

you are viewing a single comment's thread
view the rest of the comments

[-] robolemmy@lemmy.world 11 points 2 months ago

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?

[-] edgemaster72@lemmy.world 7 points 2 months ago

Oh, good, that's soooo much better.

[-] bizarroland@fedia.io 3 points 2 months ago

I mean it actually is unless you want every single item on Paramount+ to cost $7,000 per hour of view time.

I imagine though that the nepo baby will get like a year of lead time and then we'll probably be you know promoted to a personal project and then some scrub will be subbed in who will jack up the prices and make it profitable fuck the customers

this post was submitted on 05 Sep 2024

16 points (94.4% liked)

Television

4621 readers

8 users here now

founded 1 year ago

MODERATORS

NewsAutoMod@lemmy.world

automodbeta@lemmy.world