Larry Ellison’s big dumb gift to his large adult son
A plan so astonishingly dumb, even Warner Bros. doesn’t believe it’ll happen.
Summary:
David Ellison’s plan to merge Paramount with Warner Bros. is incoherent and largely seen as a vanity project backed by his billionaire father, Larry Ellison. The deal doesn’t offer a compelling business rationale: Paramount is smaller, lacks a dominant streaming platform, and has no significant tech advantage. David’s vague talk about combining media and tech with AI buzzwords lacks substance, and his leadership experience is thin. Meanwhile, the financing relies heavily on Larry’s Oracle stock — a risky move considering Oracle’s deeper focus on AI infrastructure. In contrast, Netflix’s competing bid actually makes strategic sense. Overall, the Ellison proposal looks like a costly attempt to buy influence and prestige, not a smart business move.


