Larry Ellison’s big dumb gift to his large adult son

AI Summary1 min read

TL;DR

Larry Ellison's son David and Jared Kushner are involved in bids for Warner Bros. Discovery, highlighting nepotism in media deals. The article critiques the incoherent case for Paramount Skydance's acquisition.

Tags

Larry EllisonWarner Bros. Discoverynepotismmedia acquisitionDavid Ellison

An image of Larry Ellison in the White House. — Larry Ellison, co-founder and executive chairman of Oracle Corp., during an executive order signing ceremony in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 3, 2025.

Media is a business about dreams, and Larry Ellison's son is dreaming big. This might explain why the case for Paramount Skydance to buy Warner Bros. Discovery is so incoherent.

In October, Warner Bros. put itself up for sale, leading to a number of bids. The two we are concerned with are a bid from Netflix and another from two nepo babies: David Ellison and Jared Kushner. David Ellison is the head of Paramount, but most famous for being Larry's son. Jared Kushner is most famous for being Donald Trump's son-in-law, though he also got his start in business by taking over his felon father's firm when Charles was in prison; his firm is involve …

Read the full story at The Verge.