Business

Ellison Family Sued Over Warner Bros. Takeover Deal

Updated 2026-07-15 20:55 UTC 1 source Negative

Paramount Skydance CEO David Ellison and his father Larry Ellison are facing legal action from a Paramount shareholder who claims they struck an ‘illegal’ deal with President Donald Trump to secure U.S. approval for the Warner Bros. Discovery takeover.

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Variety

David and Larry Ellison Sued by Paramount Investor Alleging ‘Illegal’ Side Deal With Donald Trump to Secure U.S. Approval for Warner Bros. Takeover

Paramount Skydance chief David Ellison and his tech billionaire dad Larry Ellison have been sued by a Paramount shareholder who alleged they cut an “illegal” deal with President Donald Trump to secure U.S. governmental approval for the takeover of Warner Bros. Discovery. The shareholder

2026-07-15 20:40 UTC