Wait isn’t Larry Ellison the guy from Oracle? Does he own paramount?
Is this a hobby now among billionaires to have overlapping hobbies by having companies in media and rocketry?
Comment on Stephen Colbert Reveals ‘Star Trek: Starfleet Academy’ Role As Paramount+ Sets Premiere Date — NYCC
panda_abyss@lemmy.ca 1 day ago
Fuck Larry Ellison and by extension now Paramount.
Sad I won’t be watching this.
trolololol@lemmy.world 1 day ago
panda_abyss@lemmy.ca 22 hours ago
His son now owns Paramount now, but Larry can actually control every aspect
no single shareholder can outvote David, but it also means that he needs his father to approve everything from budgets to key investments
trolololol@lemmy.world 19 hours ago
Oh one of those cases that someone rich gives a “gift” to their family.
StillPaisleyCat@startrek.website 54 minutes ago
It seems more that Larry Ellison is giving his adult children amounts of money to invest to learn how to run businesses.
Amounts that for most others would be an inheritance in themselves are less than a year’s interest on Larry’s overall fortune.
David and his sister both started out with a certain amount.
His sister’s firm got into financial difficulties so Larry appointed a co head and hasn’t invested more.
David made his investment in creating Skydance profitable and so his father is investing more.
It’s a better solution than Trump taking his cut of the inheritance and bankrupting it, and then getting full control and bankrupting again.
That’s not to say even so that Larry isn’t taking advantage of the CBS part of the purchase to reshape its news to his own vision.
ICastFist@programming.dev 43 minutes ago
No no, it’s totally meritocracy, see, his son worked real hard for that!
AtariDump@lemmy.world 23 hours ago
One Rich Asshole Called Larry Ellison
cygnus@lemmy.ca 1 day ago
Yes, I totally won’t be watching it either, because Paramount+ is definitely the only possible place to find it.
panda_abyss@lemmy.ca 1 day ago
I haven’t hoisted any sails yet, as I’m actually kind of enjoying reduced content consumption subs I cut my streaming services this spring.
The current media landscape is too concentrated and somehow too fragmented behind disparate services. They’ve taken a problem that was briefly solved by Netflix and made it more confusing than cable while also trying to jam more ads in and jacking prices. It’s disgusting.
I wish we were getting more independent publishers as the costs have never been lower, the infrastructure is all commoditized, and consumer grade cameras are fantastic for 4K raw video. There’s also tons of artists around the country/world that want to make content, they just don’t have the capital and distribution options available to make it a full time job.
Frustrating.