Larry Ellison acquires major Hollywood studios, consolidating media control

Larry Ellison, through Oracle and TikTok ownership, has acquired control of CNN, CBS, HBO, Paramount, and Warner Brothers, consolidating major US media properties under a single Trump-aligned billionaire. This marks a significant shift in media ownership and raises antitrust and political influence concerns. The deal's financial terms and regulatory approvals remain unclear, but the concentration of media power is unprecedented.