Part 4/11:
Should Weiss accept the deal, it could be transformative for CBS News and 60 Minutes—placing Ellison’s influence directly at the heart of American journalism. A move like this would be seismic, signaling a blending of new-age digital media with traditional news formats, potentially fostering a new paradigm of content ownership.
Social Media Power Play: The TikTok Acquisition
Apart from legacy media, the Ellison family's media ambitions extend into social media—a domain that's proven critical for shaping public opinion today. The current frontrunner to acquire TikTok is Oracle, with reports indicating that U.S. negotiations with China might culminate in Larry Ellison taking control.