Part 6/11:
Curts touched upon the ambition of the Ellison family—whose father, Larry Ellison, is a billionaire tech magnate—to reshape the media landscape. David Ellison, part of this media investment push, has been heavily involved in acquiring and restructuring CBS News, with rumors suggesting plans to possibly own CNN as well.
This consolidation and infusion of fresh capital raise questions about media diversity, potential biases, and the influence of wealthy owners. And while some critics worry about the impact of “anti-woke” or centrist streaks in the new management, Curts posits that such changes might be necessary to reinvigorate aging institutions that have lost relevance with younger viewers.