General Discussion

ProfessorGAC

(73,683 posts)

2. Not Getting This

Reply to Eliot Rosewater (Original post)

Sun Jul 20, 2025, 08:58 PM

Sunday

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?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

12 replies

= new reply since forum marked as read

Highlight:

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

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

Not Getting This ProfessorGAC Sunday #2

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

I Know All That ProfessorGAC Sunday #5

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

Likely Borrowing Against His Holdings ProfessorGAC Sunday #8

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

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

n/t Greg_In_SF Sunday #10

I cancelled Paramount+ today NCDem47 Sunday #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 Sunday #11

In LA I listen to KNX newsradio BidenRocks Monday #12