Published: Feb 27, 2026, 10:15 IST | Updated: Feb 27, 2026, 10:15 IST
Paramount Skydance, led by CEO David Ellison, is poised to take control of Warner Bros. Discovery after Netflix officially declined to raise its offer. The move would place a powerful portfolio including CNN, HBO and Nickelodeon under the control of the Ellison family, led by Oracle founder and Trump ally Larry Ellison.