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Apple News In Conversation

The billionaire tech heir trying to buy the movie industry — on his father’s dime

Apple News In Conversation

Apple News

News, News Commentary

4.21.8K Ratings

🗓️ 12 February 2026

⏱️ 27 minutes

🧾️ Download transcript

Summary

A battle is underway over some of Hollywood’s most valuable properties. Paramount Skydance and Netflix are vying for control of Warner Bros. Discovery — the parent company of CNN, HBO, and a vast library of iconic films and TV shows. New York magazine features writer Reeves Wiedeman recently profiled David Ellison, the CEO of Paramount Skydance and son of tech billionaire Larry Ellison. Wiedeman sits down with Apple News In Conversation host Shumita Basu to explain the motivations behind the tech heir’s business moves, how consolidation is reshaping the entertainment industry, and what it means for viewers’ screens — and wallets.

Transcript

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0:00.0

This is In Conversation from Apple News. I'm Shemitabasu. Today, how one of the world valuable movies and TV shows ever made are at the center of an ownership battle.

0:27.6

Two companies, Paramount Skydance and Netflix, are fighting for control of Warner Brothers Discovery,

0:33.0

the studio that owns HBO, CNN, and a trove of classic films.

0:38.2

It's just the latest sign that consolidations are reshaping Hollywood,

0:42.6

changing what we watch, how we watch it, and how much we pay.

0:46.8

They obviously, at a basic level, stand to gain one of the most iconic companies in Hollywood history.

0:52.1

That's Reeves Wyateman, a features writer for New York Magazine.

0:55.4

He recently profiled David Ellison, the CEO of Paramount Skydance, and one of the key players

1:01.0

in this fight for a huge piece of the media landscape.

1:04.6

David is also the son of Larry Ellison, co-founder and longtime CEO of the tech company

1:10.3

Oracle and one of the richest

1:12.1

people in the world.

1:13.7

There is no way to separate David Ellison's rise in Hollywood from his father and the impact

1:19.4

his father has had on his career, funding his efforts in Hollywood basically throughout the

1:25.2

past 20 years from Skydance, the company he ran, and more recently,

1:29.4

to buying Paramount and now trying to buy Warner Brothers.

1:33.2

Reeves didn't speak directly with David or Larry for this piece, but he did talk to people

1:38.1

who know them and who say, despite having a mixed track record, David's passion for the industry

1:43.7

is genuine. He loves movies. He loves

1:46.1

the movie business. He wants it to be successful. He wants to build a sustainable company that

1:52.4

becomes a real player in Hollywood after years of kind of decline. So I sat down with Reeves to

1:58.1

understand who the Ellisons really are, what they want,

...

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