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Oracle's $100M Deal with Skydance Boosts Paramount's Future

7/23/2025

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Summary

Oracle's Software Deal

Oracle is in talks for a staggering $100 million annual software deal with Skydance Media, hinging on Skydance's ambitious $8 billion acquisition of Paramount Global. This partnership promises to boost Paramount's cloud capabilities and streamline operations, as founder David Ellison envisions a tech-savvy future for the media giant, pending FCC approval.

Summary

Trump's Media Settlements

President Trump anticipates receiving $20 million from Skydance Media and a $16 million settlement from Paramount Global over his lawsuit against CBS's "60 Minutes." Meanwhile, Paramount refutes any advertising side deals. Senators Warren, Sanders, and Wyden are probing potential corruption tied to the merger approval between Paramount and Skydance, raising serious ethical concerns.

History

Historical Context

The Telecommunications Act of 2000 transformed media ownership rules, facilitating major mergers like Viacom's acquisition of CBS, which closed in December 2019. This consolidation has led to ongoing scrutiny from Senators Warren, Sanders, and Wyden, echoing historical regulatory efforts to ensure fair competition and transparency in the media industry, particularly as Skydance Media pursues an $8 billion acquisition of Paramount Global.

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Oracle's Software Deal

Oracle is in talks for a staggering $100 million annual software deal with Skydance Media, hinging on Skydance's ambitious $8 billion acquisition of Paramount Global. This partnership promises to boost Paramount's cloud capabilities and streamline operations, as founder David Ellison envisions a tech-savvy future for the media giant, pending FCC approval.

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