• David Ellison is officially chairman and CEO of Paramount Skydance after an $8 billion tie-up. • Paramount Skydance is now attempting to steal Netflix's thunder and buy Warner Bros. Discovery with a hostile bid. • Ellison is the 42-year-old son of Oracle cofounder Larry Ellison, who is worth $277 billion.

David Ellison is officially the CEO of Paramount Skydance. After a successful Paramount merger, next on his wish list is Warner Bros. Discovery — and he's launched a hostile takeover bid in an effort to scoop it out from Netflix's hands.

The 42-year-old founded Skydance back in 2006 with some help from his father Larry Ellison, the Oracle cofounder who's worth $277 billion, according to the Bloomberg Billionaires Index.

Since then, Skydance has enjoyed considerable success with f

See Full Page