Larry Ellison (Oracle) to run Paramount (lemmy.world)

submitted 2 months ago by reddig33@lemmy.world to c/television@lemmy.world

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So although Paramount is being purchased by Skydance media, it’s being bankrolled by Ellison of Oracle software fame. Why he wants to run an entertainment studio, I have no idea.

https://www.reuters.com/business/media-telecom/billionaire-larry-ellison-control-paramount-after-deal-bloomberg-news-reports-2024-09-05/

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[-] edgemaster72@lemmy.world 7 points 2 months ago

Oh, good, that's soooo much better.

[-] bizarroland@fedia.io 3 points 1 month ago

I mean it actually is unless you want every single item on Paramount+ to cost $7,000 per hour of view time.

I imagine though that the nepo baby will get like a year of lead time and then we'll probably be you know promoted to a personal project and then some scrub will be subbed in who will jack up the prices and make it profitable fuck the customers

this post was submitted on 05 Sep 2024

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