The oligarchs are consolidating all of the legacy media. This would leave David Ellison, son of Oracle founder Larry Ellison, in control of CBS News and CNN. On top of that, 2 major studios in Paramount and Warner Bros. This is a hostile takeover of the information space. www.wsj.com/business/med...
Exclusive | Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery
The bid will be for the entire company, including its cable networks and movie studio, according to people familiar with the situation.