OpenAI · Oracle · AT&T · The Verge
David Ellison is the latest to believe that he can buy Warner Bros. and make something good happen
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
The Verge has joked many times on this show that maybe the only antitrust policy this country needs is to make it illegal to buy Warner Bros., and that would solve a lot of problems.
Key facts
- He has backstopped the Warner Bros. deal by pledging to come up with $40 or $50 billion if he needs
- And that was a mere $43 or $50 billion, depending on who was counting
- Skydance is owned by David Ellison, son of Oracle CEO Larry Ellison, and its deal to acquire Warner Bros
- So late in life, Larry Ellison is 82 years old, he’s decided he’s kind of putting the entire company on AI and on OpenAI specifically
Summary
Maybe the thi— no, fou— wait, fifth time’s the charm for WB. Today, the reporter is talking with Peter Kafka, chief correspondent at Business Insider and host of the Channels podcast, about the gigantic Warner Bros.-Paramount merger and the future of the company now simply called Skydance. Skydance is owned by David Ellison, son of Oracle CEO Larry Ellison, and its deal to acquire Warner Bros. There are some grand ambitions here, but the reality is that acquiring Warner never goes well for anyone. Peter Kafka, you’re the chief correspondent at Business Insider, and you’re the host of the Channels podcast, their sister podcast here on the Vox Media Podcast Network.