David Ellison transformed from film producer to major media mogul through Skydance Media’s 2025 acquisition of Paramount Global, positioning him as influential figure in entertainment and news media.

Business Background

Early Career Son of Oracle founder Larry Ellison, David initially pursued acting before transitioning to film production. Founded Skydance Media in 2010 with backing from his father’s wealth, focusing on big-budget action films.

Skydance Development Built Skydance into major production company through partnerships with Paramount Pictures, producing successful franchises including Mission: Impossible and Top Gun: Maverick.

Production Philosophy Emphasized technology-driven production techniques and franchise development, establishing reputation for delivering commercially successful blockbusters.

Paramount Acquisition

In 2024-2025, Ellison orchestrated transformative acquisition of Paramount Global:

Deal Structure: Led complex merger valued at approximately $28 billion, combining Skydance with Paramount’s assets.

Strategic Vision: Positioned acquisition as modernizing traditional media company for streaming era while maintaining legacy broadcast properties.

Leadership Transition: Became CEO of combined entity, implementing new strategic direction across film, television, and news divisions.

Media Industry Impact

Ellison’s control of Paramount represents significant shift in media ownership:

• News Media Influence: Oversees CBS News and other news properties, influencing editorial direction and journalistic standards
• Content Strategy: Integrates theatrical production expertise with broadcast and streaming distribution
• Digital Transformation: Focuses on adapting traditional media for digital platforms and changing consumer habits
• Editorial Decisions: Appointed Bari Weiss as CBS News editor-in-chief, signaling new approach to news coverage

Management Philosophy

Known for data-driven decision-making and emphasis on technological innovation in content production and distribution. Brings Silicon Valley perspective to traditional Hollywood, reflecting family background in technology sector.

Ellison’s acquisition of Paramount demonstrates ongoing convergence between technology wealth and traditional media ownership, with implications for how news and entertainment reach American audiences.