Ellison Family Emerges as New Media Powerhouse, Challenging Murdoch Dynasty

Move Over Murdochs: The Ellisons Emerge as New Family Dynasty Shaking Up US Media In a significant shift in the global media landscape, the Ellison family has begun to assert its influence, with tech billionaire Larry Ellison and his son David at the helm. This year, they have pursued deals involving major players such as TikTok and CNN, potentially giving them control over some of the world's largest media companies. According to sources close to the matter, President Donald Trump has expressed admiration for Larry Ellison, describing him as "an amazing man and an amazing business person." In January 2025, Trump praised Ellison at a White House event, saying, "It's well beyond technology. He's sort of CEO of everything." The Ellisons' rise to prominence is not without precedent. Larry Ellison co-founded Oracle in 1977, building the software and database company into a giant of the tech world. His roughly 40% stake in Oracle has contributed significantly to his estimated $150 billion fortune. However, this new development marks a departure from their traditional focus on technology. The family's foray into media has sparked concerns about the concentration of power and influence in the hands of a few individuals and families. Industry experts point out that the Ellisons' involvement in media deals raises questions about the potential impact on journalism and the dissemination of information. "The consolidation of media ownership can lead to a homogenization of perspectives and a lack of diversity in viewpoints," said Dr. Rachel Kim, a media studies professor at Stanford University. The Ellisons' pursuit of major media companies has also sparked debate about the role of government in regulating the industry. While Trump's endorsement of Ellison may have contributed to their success, it remains to be seen whether this relationship will continue to shape their business dealings. As the Ellisons continue to expand their influence, observers are left wondering what implications this new family dynasty will have on the media landscape and society as a whole. Will they prioritize profit over journalistic integrity? Can they maintain their independence in the face of government pressure? One thing is certain: the Ellison family's emergence as a major player in US media has sent shockwaves through the industry, forcing companies to reevaluate their strategies and partnerships. Current Status: The Ellisons' deals with TikTok and CNN are ongoing, with no official announcements made regarding the outcome. Industry insiders speculate that these developments will have far-reaching consequences for the media landscape, potentially leading to a new era of consolidation and concentration of power. Next Developments: As the Ellisons continue to navigate the complex world of media ownership, observers will be watching closely for any signs of compromise or conflict of interest. Will they prioritize profit over journalistic integrity? Can they maintain their independence in the face of government pressure? Only time will tell. *Reporting by Bbc.*