General Discussion

ProfessorGAC

(73,720 posts)

2. Not Getting This

Reply to Eliot Rosewater (Original post)

Sun Jul 20, 2025, 08:58 PM

Jul 20

How would the Ellisons have that much sway
Larry's uber wealth is mostly because he owns 40% of Oracle, so his share is over $270 billion.
CBS & Paramount are mostly owned by Vanguard, Blackrock & various mutual funds.
Elison's name doesn't appear in the top 25 shareholders of either CBS or Paramount.
David Elison is loaded, but only a half-billion. Admittedly it was in the entertainment industry, but with that kind of capital, he's small potatoes.
Why does either network care what they want?

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CBS owned by maga Larry Ellison son, can't watch CBS anymore [View all] Eliot Rosewater Jul 20 OP

Not one bit of truth will be seen on CBS News or 60 minutes from now on Eliot Rosewater Jul 20 #1

Not Getting This ProfessorGAC Jul 20 #2

Ellison's son is the CEO of Skydance. And he's behind the Skydance - Paramount merger. Initech Jul 20 #4

I Know All That ProfessorGAC Jul 20 #5

Hope you're right, thanks for correcting the record on the numbers. Eliot Rosewater Jul 20 #6

Likely Borrowing Against His Holdings ProfessorGAC Jul 20 #8

They're screwing over South Park too. Initech Jul 20 #3

I am done with CBS & Paramount. My wife too Ars Longa Jul 20 #7

n/t Greg_In_SF Jul 20 #10

I cancelled Paramount+ today NCDem47 Jul 20 #9

Larry Ellison is a first class horse's patoot (to give him a Potterism), total dick and I still haven't forgiven him for LT Barclay Jul 20 #11

In LA I listen to KNX newsradio BidenRocks Monday #12