Trump Ally Larry Ellison Eyes Massive Media Expansion

Billionaire Larry Ellison, founder of Oracle and a prominent supporter of President Donald Trump, is poised to become the most influential media mogul in the United States, according to a New York Times opinion piece published Thursday. Ellison is preparing to acquire significant control over major American media outlets, marking a major shift in the country's media landscape.

The founder of Oracle already holds a large stake in CBS and Paramount through his son David Ellison’s Skydance Media, which closed an $8.4 billion merger with Paramount last month, creating Paramount Skydance Corporation.

Within weeks of the merger, Paramount Skydance signed a seven-year, $7.7 billion contract to broadcast and stream Ultimate Fighting Championship events. UFC’s chief executive Dana White, a longtime Trump supporter, spoke at the 2024 Republican National Convention.

”The effect of Mr. Ellison’s gambit could be every bit as consequential, if not more so, than what happened a generation ago when Rupert Murdoch… created what has become Fox News, intensifying our political polarization,” the NYT wrote.

Ellison’s expected push into Hollywood and big media could go further than other tech moguls’ forays, according to the outlet.

Plans also include joining a consortium with Oracle and Andreessen Horowitz to take a major stake in TikTok as part of a Trump-backed deal. The Ellisons are also reportedly preparing an all-cash bid of up to $80 billion for Warner Bros. Discovery, which owns CNN, HBO and Warner Bros. studios.

Ellison could soon control “a powerful social media platform, an iconic Hollywood movie studio and one of the largest content streaming services,” as well as two of the country’s leading news outlets, giving Trump “an extraordinarily powerful media ally,” the NYT claimed.

Trump has repeatedly argued that most mainstream outlets, including the NYT, are left-leaning, with bias against conservatives. He has accused them spreading false stories about him to undermine his presidency.

Source: RT