A federal judge in Oakland has approved a settlement that allows Paramount Skydance Chief Executive David Ellison to finalize his $111-billion acquisition of Warner Bros. Discovery. The merger could finalize by early next month, capping the 43-year-old tech scion's meteoric rise into one of Hollywood's most influential figures. The Ellison family claimed Paramount and CBS last year, and will now add HBO, CNN, TBS, HGTV and the film and television studio with rights to Batman, Harry Potter, Fred Flintstone, "Friends" and "The Pitt" to its sprawling media and entertainment portfolio. His father Larry Ellison, through his company Oracle Corp.
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