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A Father and Son's $108 Billion Hostile Bid for Warner Bros. Discovery

Larry Ellison and his son David have emerged as a formidable duo in the media industry, launching a $108 billion hostile bid to acquire Warner Bros. Discovery. Their partnership, once distant, has grown closer through shared business ventures and personal bonding, notably after David became chief executive of Paramount and the family acquired the studio. Larry Ellison, the billionaire founder of a major software company, is deeply involved in the bid, personally guaranteeing a significant portion of the offer and advising his son on strategic decisions.

The Ellisons' approach to deal-making is marked by frequent consultations and a shared vision for expanding their influence in news and entertainment. Their acquisition of Paramount and pursuit of Warner Bros. Discovery could reshape the media landscape, potentially rivaling established dynasties. Political connections, particularly with the president, play a role in their strategy, as they seek approval for their ambitious takeover.

Beyond business, the father and son have developed a close personal relationship, with Larry supporting David's career and investments. Their influence extends to editorial decisions at CBS News, reflecting their views on media and politics. The outcome of their bid remains uncertain, but their efforts signal a significant shift in the industry's power dynamics.

Original article source: https://www.nytimes.com/2025/12/24/business/media/larry-david-ellison-warner-bros-discovery-cbs.html
Source Id: 2025-12-932284198

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