Skydance, Paramount
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Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on Oracle's cloud services. But with the Paramount deal in motion and backed by Larry Ellison,
Oracle is currently in discussions with Skydance Media to reach a major software deal following the closing of the latter's pending $8 billion merger with Paramount Global, according to Bloomberg. The outlet reported that the agreement,
The Federal Communications Commission approved the sale of Paramount Global after the buyer made pledges to showcase a diversity of viewpoints and root out alleged bias in CBS' news coverage.
Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.