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The Latest Breaking News from Larry Ellison

Warner Bros Discovery Rallies on Strategic Review, Potential Bids from Paramount, Comcast And Netflix

Warner Bros Discovery Inc (NASDAQ:WBD) shares are trading higher on Friday after the company initiated a strategic review to maximize shareholder value, with The Wall Street Journal reporting that Paramount Skydance Corp (NASDAQ:PSKY), Comcast Corp (NASDAQ:CMCSA) and Netflix Inc (NASDAQ:NFLX) are preparing bids.

Benzinga

Ultra-rich media owners are tightening their grip on democracy. It’s time to wrest our power back

The Guardian has no billionaire or corporate owner: funded by readers, our fierce independence is guaranteed

The Guardian - US

600 Paramount Skydance employees quit instead of returning to the office, and it cost the company $185 million, filings show

CEO David Ellison offered workers an ultimatum in September: Come back to work or find a new job.

Fortune

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read the most diverse news in one place.

How the Wealth of the 5 Richest People in 2000 Compares With the 5 Richest in 2025

How much has really changed since 2000? Discover how the richest people’s fortunes surged 729% in 25 years -- and why Elon Musk now towers over them all.

GOBankingRates

‘60 Minutes’ reveals the hate it received from both Democrats and Republicans after Trump interview: ‘I turned it off immediately’

‘The country may be politically divided, but the criticism from viewers was bipartisan,’ CBS News correspondent Cecilia Vega says

The Independent UK

Here’s How Long It Takes the Average American To Earn What a Billionaire Makes in One Day

How long would it take someone earning the median household income to do the same as a billionaire?

GOBankingRates

Stephen Colbert says it’s ‘self-evident’ that Trump settlement is ‘damaging to the reputation’ of CBS

‘Television’s in huge trouble. Maybe David Ellison [CEO of Paramount Skydance] will fix everything,” Stephen Colbert joked in an interview this week

The Independent UK

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Bari Weiss’s security detail is costing CBS $10,000 per day, according to report

Weiss took over CBS News last month after its parent company bought her Substack, The Free Press, for $150 million

The Independent UK

Trump gushes over Bari Weiss and boasts about ‘60 Minutes’ payoff — but TV viewers didn’t see that

‘Why would you subject yourself to this type of criticism? Just put it in, because it’s the first thing that I was looking for,’ one CBS News insider said of the network’s decision to omit Trump’s settlement boast from the on-air broadcast

The Independent UK

Bari Weiss offers ‘support’ to laid-off CBS News staffers on ‘enormously difficult day’: ‘My door is open’

The steep cuts to the news division included the entire race and culture unit, two streaming shows and the bureau in Johannesburg. Additionally, the network’s Saturday morning news show was gutted and its two hosts were let go.

The Independent UK

Jake Tapper Called Out Obama and Biden for Free Speech Abuses. He Says Trump Is on a New Level.

"I have not seen ever before a direct infringement on the right to free speech like that," CNN's Jake Tapper says of the Trump administration's actions in the Jimmy Kimmel saga.

Reason

From CBS to TikTok, US media are falling to Trump’s allies. This is how democracy crumbles

We’re watching the Orbánisation of the US – and as in Hungary, control of the media is key to consolidating power, says Guardian columnist Owen Jones

The Guardian - UK

Larry Ellison Saw His Bomber Pilot Father's Blind Trust As A Weakness And Learned Early On To Question Everything: Perfect Example Of 'How Not To Be'

Oracle Corp (NYSE:ORCL) co-founder Larry Ellison once revealed that his curiosity and skepticism have remained unchanged since childhood.

Benzinga

CBS parent company Paramount Skydance to cut 1,000 jobs this week in first round of layoffs: reports

The coming job cuts, reported to total around 2,000 workers, are part of an ongoing restructuring following the venerable entertainment company’s controversial merger this August

The Independent UK

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The Independent UK

Top media analyst proposes Comcast hire Charlie Kirk’s widow as editor-in-chief of NBC and CNN

‘Sure, at first blush it sounds crazy, but Trump loves a deal, and Brian Roberts needs to think big and differently,’ media analyst Rich Greenfield wrote this week

The Independent UK

‘They wanted him to fail’: CBS News staff reacts to ‘huge loss’ as ‘Evening News’ anchor John Dickerson departs

‘He’s an excellent journalist, good human being, and someone you want in a newsroom,’ one staffer told The Independent about Dickerson’s pending departure.

The Independent UK

Yellowstone creator Taylor Sheridan leaves Paramount for massive new film and TV deal

‘Yellowstone’ showrunner will continue to see out deal with Paramount until 2028

MarketBeat

Warner Bros. Bidding War Potential: How High Could WBD Shares Go?

Warner Bros. Discovery is open to selling its media empire, with Netflix interested. WBD's CEO is seeking a deal that could lead to a huge gain in shares.

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news in one place.

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The Independent UK

David Ellison has ‘Trump card’ in Paramount’s pursuit to take over Warner Bros. Discovery

‘Trump's implicit support for the deal is their number one talking point,’ an Ellison adviser told CNN this week.

Fortune

Warner Bros. confirms it’s considering a sale after ‘unsolicited interest from multiple parties,’ stock soars over 11%

“It’s no surprise that the significant value of our portfolio is receiving increased recognition by others in the market,” CEO David Zaslav said.

Benzinga

Larry Ellison Says AI Needs Private Data — Palantir Says 'Told You So'

When Oracle Corp's (NYSE:ORCL) Larry Ellison declared that artificial intelligence will only reach its "peak value" once models train on privately owned data, it sounded like a warning shot to the open-internet AI crowd. But for Palantir Technologies Inc. (NYSE:PLTR), it was validation in prime time.

The Independent UK

Fired Stephen Colbert professes his ‘love’ for new CBS boss David Ellison: ‘That oughta buy us a couple more months’

‘Mr. Ellison, I love you,’ Stephen Colbert joked on Thursday night

The Guardian - US

Warner Bros Discovery says Israeli film boycott ‘violates our policies’

In response to pledge, company has claimed in a statement that its policies ‘prohibit discrimination of any kind’

The Independent UK

Fox News host claims there’s an ‘antisemitic thread’ behind backlash over CBS News hiring Bari Weiss

Fox News’ Emily Compagno referenced an article from The Independent while suggesting that antisemitism could be behind some of the criticism of Bari Weiss

The Independent UK

John Oliver skewers Paramount for hiring ‘irresponsible’ Bari Weiss to run CBS News

‘It is especially alarming to have someone doing it who has spent years putting out work that, in my opinion, is at best irresponsible and at worst deeply misleading,” John Oliver declared on Sunday night.

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