Analysis: Larry Ellison Backs Son's Bid for Warner Bros. Discovery Against Netflix
By
Elizabeth Lopatto
Kettled twice. Extra chewy, extra trustworthy.
Summary
The article examines the potential acquisition of Warner Bros. Discovery by Paramount Skydance, led by David Ellison (son of Oracle founder Larry Ellison) and Jared Kushner (Donald Trump's son-in-law). It analyzes the business dynamics behind this bid, which competes with Netflix's offer, and questions the strategic rationale given the complex media landscape and the personal/family dynamics involved. The piece explores why Larry Ellison is backing his son's ambitious media acquisition with Oracle stock as collateral, framing it as a 'nepo baby' power play in the entertainment industry.
Key quotes
· 5 pulledMedia is a business about dreams, and Larry Ellison's son is dreaming big.
The two we are concerned with are a bid from Netflix and another from two nepo babies: David Ellison and Jared Kushner.
David Ellison is the head of Paramount, but most famous for being Larry's son.
Jared Kushner is most famous for being Donald Trump's son-in-law, though he also got his start in business by taking over his felon father's firm.
Larry Ellison is backing his son David's fight with Netflix to acquire Warner Brothers, putting Oracle stock on the line.
You might also wanna read
Paramount Skydance Launches $108.4 Billion Hostile Bid for Warner Bros. Discovery
Paramount Skydance is launching a hostile takeover bid for Warner Bros. Discovery with a $30 per share all-cash offer, equating to $108.4 bi
cnbc.com·5mo ago
Analysis: Warner Bros. Discovery's Troubled Acquisition History and the Paramount Skydance Bid
The article analyzes the troubled history of Warner Bros. Discovery's corporate acquisitions and mergers, focusing on the recent Paramount S
profgmedia.com·2mo ago
Netflix Leads Bidding for Warner Bros. Discovery with $28 Per Share Offer
Netflix has emerged as the frontrunner in the bidding war for Warner Bros. Discovery's studio and streaming assets, submitting the highest b
cnn.com·5mo ago
Netflix to Acquire Warner Bros. Discovery for $82.7 Billion in Major Entertainment Industry Consolidation
Netflix has announced a definitive agreement to acquire Warner Bros. Discovery for a total enterprise value of $82.7 billion (equity value o
Plex Submits $35 Bid to Acquire Warner Bros. Discovery
Plex CEO Keith Valory announced that the streaming platform has submitted a $35 bid to acquire Warner Bros. Discovery, citing the Harry Pott
The Onion·5mo ago
Netflix Withdraws from Warner Bros. Acquisition Bid, Paramount Poised to Win
Netflix has withdrawn from the bidding war for Warner Bros., stating the acquisition is no longer financially attractive. The streaming gian
hollywoodreporter.com·3mo ago