The Option

The Skydance-Paramount Merger: Oracle Money Enters Hollywood


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Skydance-Paramount Merger: Oracle's $8 Billion Hollywood Play

Skydance Media finalized its $8 billion merger with Paramount Global. David Ellison now controls Paramount Pictures, CBS, MTV, and Nickelodeon. Bob Bakish was pushed out for opposing the deal.

In this episode:

  • Why tech billionaires keep trying to buy Hollywood studios
  • How Oracle money (Larry Ellison) is entering entertainment through his son
  • What Skydance gains from legacy broadcast infrastructure
  • Why this deal signals streaming-only strategies are failing
  • The hidden economics of why owning broadcast networks still matters
  • Key takeaway: "This wasn't a creative decision—it was a capital structure play."

    Related topics: media consolidation, Hollywood acquisitions, broadcast television, studio ownership, entertainment dealmaking

    The Option is a daily intelligence briefing on the business of Hollywood. Subscribe for entertainment industry news, media M&A analysis, and studio business insights. New episodes every weekday at 6 AM PT.

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    The OptionBy Oil&Cattle