David Ellison

(The article was updated to include a response requested by Benzinga from the White House.) Anyone who has followed the saga that was Paramount Skydance (NASDAQ:PSKY) and Netflix Inc (NASDAQ:NFLX), both trying to win a deal to acquire Warner Bros. Discovery (NASDAQ:WBD), likely knows President...

In the midst of nearly a $110 billion sale to Paramount Skydance (NASDAQ:PSKY), Warner Bros. Discovery (NASDAQ:WBD) triumphed at the 98th Academy Awards on Sunday night, bagging 11 Oscars. The studio’s winning streak was led by ‘One Battle After Another‘, a film by Paul Thomas...

President Donald Trump openly discussed the potential merger between Netflix Inc (NASDAQ:NFLX) and Warner Bros. Discovery (NASDAQ:WBD) for months. It turns out his personal investment portfolio held positions in Netflix bonds, which may have been at risk had the streamer won its bid for Warner Bros...

Warner Bros. Discovery (NASDAQ:WBD) is reportedly likely to turn down Paramount Skydance's (NASDAQ:PSKY) sweetened hostile bid even after billionaire Larry Ellison stepped in with a personal guarantee. Warner Bros Board Unconvinced By Sweetened Paramount Offer Warner Bros. Discovery's board is...

The year 2025 could go down as one of the most exciting in the career of Oracle Corporation (NYSE:ORCL) co-founder Larry Ellison. The billionaire briefly became the richest person in the world and saw shares of companies he owns become highly volatile for various reasons. Larry Ellison's Net Worth...

A merger that would combine two regional media companies is the target of a letter from Sen. Elizabeth Warren (D-Mass.) and other members of Congress to the Federal Communications Commission and Department of Justice. Here's what that could mean for the potential deal between Nexstar Media Group...

Leadership at Warner Bros. Discovery (NASDAQ:WBD) intends to formally advise stock owners to turn down the recent bid from Paramount Skydance Corp. (NASDAQ:PSKY).  WBD stock is moving. See the chart and price action here.  The announcement, expected as early as Wednesday, will instead...

Oracle Corp (NYSE:ORCL) co-founder and chief technology officer Larry Ellison is one of the richest people in the world, so rich that he even surpassed Elon Musk briefly for the title of richest person in the world earlier this year. A drop in Oracle's share price on Thursday has Ellison feeling...

Paramount Skydance (NASDAQ:PSKY) CEO David Ellison reportedly met with major Warner Bros. Discovery (NASDAQ:WBD) shareholders in New York on Tuesday, pitching the studio’s $108 billion all-cash hostile bid as a superior option to rival Netflix’s (NASDAQ:NFLX) $82.7 billion cash-and-...

Investor Ross Gerber of Gerber Kawasaki Wealth and Investment Management is not a fan of the bidding frenzy surrounding entertainment conglomerate Warner Bros Discovery Inc. (NASDAQ:WBD), and warns that buyers are significantly overvaluing the company. Warner Bros Is A ‘Dog Asset’ On...

Sen. Elizabeth Warren (D-Mass.) is sounding the alarm over a potential merger between Paramount Skydance Corp. (NASDAQ:PSKY) and Warner Bros Discovery Inc. (NASDAQ:WBD), while urging regulators to ignore political pressure as they evaluate the deal. Mega Merger A ‘Five-Alarm’...

A race to acquire Warner Bros. Discovery (NASDAQ:WBD) by Netflix Inc (NASDAQ:NFLX) and Paramount Skydance (NASDAQ:PSKY) intensified with an all-cash offer from the latter for the media company on Monday. President Donald Trump has signaled he wants to be involved in the merger process and an event...

In a move that upended the media landscape, Paramount Skydance Corp. (NASDAQ:PSKY) officially launched a hostile, all-cash tender offer for Warner Bros. Discovery, Inc. (NASDAQ:WBD) on Monday.  PSKY stock is climbing. See the real-time price action here.  The Bid The bid, valued at $30...

Streaming giant Netflix Inc.’s (NASDAQ:NFLX) $82.7 billion merger with mass media conglomerate Warner Bros Discovery Inc. (NASDAQ:WBD) is drawing sharp criticism from antitrust advocates, such as Matt Stoller of the American Economic Liberties Project, a non-profit founded to combat...

New On The Block Puma SE, a Germany-based sportswear company, is attracting bids from several Asia-based buyers, according to Bloomberg. On the buy-side are Chinese sportswear giant Anta Sports and Li Ning Co., as well as Japan's Asics Corp. The Netflix/Paramount/WBD Saga Netflix (NASDAQ:NFLX)...