David Ellison Biography Flash: Hollywood's Next Mogul Makes Historic $60 Billion Warner Bros Play
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Sources say Warner’s board has now officially rejected three previous Paramount overtures led by Ellison, including a mostly cash $23.50 a share offer, which insiders described as too low. But today’s bidding marks a new phase, with Paramount’s offer said to be stronger than before, thanks to both family guarantees and Ellison’s preliminary talks with Middle Eastern sovereign wealth funds including Saudi Arabia’s Public Investment Fund. Financial Times and the LA Times both confirm he’s been building international investment alliances around this deal, a move that could fundamentally reshape the power structure in Hollywood if successful.
The drama’s gone all the way to Washington. President Trump is reportedly rooting for the Ellisons, with David joining other top tech moguls for a White House dinner earlier this week—an event confirmed by LA Times sources—and it’s widely seen as a high-powered network opportunity with Tim Cook, Elon Musk, and other global players in attendance. Industry analysts now argue Ellison’s offer could hit $60 billion for Warner Bros., which, if accepted, would instantly make him one of the most influential figures in the film industry. His ability to gather capital and network globally is drawing admiration and envy in equal measure.
There’s high-profile speculation about the likely fallout. If Ellison and Paramount win, Warner Bros. Discovery would cancel its plan to break up and instead supercharge Paramount into the major leagues, with the world’s top franchises—Harry Potter, Game of Thrones, DC Comics—suddenly under Ellison’s commercial control. Paramount’s lack of homegrown intellectual property has always haunted the Ellison family’s ambitions, but this move could change that overnight.
On social media, entertainment reporters and tech bloggers are buzzing about David Ellison’s jet-setting, his family’s influence, and his ambitious meetings with overseas investors. He’s being called both the new mogul of Hollywood and the man set to redraw the streaming battlefield.
No public appearances for David Ellison are confirmed beyond this week’s White House dinner, but insiders suggest he’s quietly orchestrating negotiations from behind the scenes, steering Paramount through what could be the most pivotal merger in entertainment history.
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