Larry Ellison to Hold 35.5% of Family’s Voting Rights in Paramount
Upon closing of Paramount Global and Skydance Media’s $8 billion merger, Oracle co-founder and chairman Larry Ellison will hold a minority voting interest of approximately 35.5% in the combined company. When Skydance first submitted its broadcast license transfer application to the FCC in September, the initial filing stated that the Skydance investor consortium would hold…