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One of the most notable recent moves involves the Ellison family's aggressive expansion in traditional media. Just a month after their merger of Paramount and Sky Dance—a clear sign of their intent to consolidate media assets—David Ellison is reportedly eyeing the acquisition of Warner Brothers Discovery (WBD).
Warner Brothers Discovery is a conglomerate that owns a roster of influential brands, including CNN, HBO, DC Comics, and Discovery. A takeover would mean that the Ellison interests potentially command a diversified portfolio, encompassing news, entertainment, and comics—each with enormous cultural and financial clout.