Ellison is the son of Oracle co-founder and Trump ally Larry Ellison. His firm, Skydance, bought Paramount over the summer, putting CBS, Paramount Pictures and more under his control. The US$8 billion ($13.4b) deal was approved by the Trump administration following a lengthy review and several concessions.<\/p>\n
The deal to buy Warner Bros, valued at about US$110 billion, will almost surely attract regulatory scrutiny from the Justice Department because, without divestments, it places major swathes of the film, television and news industries under one roof: Warner Bros and Paramount studios, HBO Max and Paramount+, and CBS and CNN would all have the same parent company. Ellison expressed confidence on the call that the deal wouldn\u2019t face hurdles with regulators.<\/p>\n
The streaming environment has already become more consolidated in recent years. Hulu, once a joint venture by several media companies, has been fully owned by Disney since 2025. While the company expects to combine Disney+ and Hulu, for now it offers streaming bundles to customers who want to subscribe to both, and another with ESPN+, too.<\/p>\n
Sign up to Herald Premium Editor\u2019s Picks<\/a>, delivered straight to your inbox every Friday. Editor-in-Chief Murray Kirkness picks the week\u2019s best features, interviews and investigations. Sign up for Herald Premium here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Ellison is the son of Oracle co-founder and Trump ally Larry Ellison. His firm, Skydance, bought Paramount over…\n","protected":false},"author":2,"featured_media":310321,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[95,3043,3500,48206,49063,6284,17447,156,2592,296,321,33813,114714,111,139,69,5270,421,3048,2552,12795,3291,61,1533,102],"class_list":["post-310320","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment","tag-and","tag-call","tag-ceo","tag-combine","tag-companys","tag-david","tag-ellison","tag-entertainment","tag-hbo","tag-into","tag-investors","tag-max","tag-merge","tag-new-zealand","tag-newzealand","tag-nz","tag-one","tag-paramount","tag-said","tag-service","tag-skydance","tag-streaming","tag-to","tag-will","tag-with"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/310320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=310320"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/310320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/310321"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=310320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=310320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=310320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}