The Warner Bros. Discovery Sale: A Power Play for Paramount and Its Shadowy Backers The recent sale of Warner Bros.
Discovery (WBD) to Paramount has left the entertainment industry stunned, with a reported value of $111 billion. However, the implications of this deal are far from clear.
At its heart is David Ellison, co founder of Skydance Media, who orchestrated the deal with backing from his father, Larry Ellison, Oracle's chairman and one of the world's richest individuals.