Larry Ellison, the billionaire co-founder of Oracle and a close ally of President Donald Trump, and his son David Ellison, a Hollywood producer, are rapidly assembling one of the most powerful media portfolios in America. In recent months, they have merged Paramount with David’s Skydance Media, taken control of CBS News, and are preparing to secure a stake in the US arm of TikTok. The acquisitions position the Ellisons as heirs to Rupert Murdoch’s legacy in terms of cultural influence, but with far greater financial firepower. Larry Ellison’s fortune is estimated at $345 billion, more than thirty times Murdoch’s wealth, the Washington Post reported.

CBS shakes under new leadership

Inside CBS News, the changes are already being felt. Reporters and producers were rattled by news that Bari

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