Will Wonders Never Cease?

Brody Ford and Hannah Miller, reporting for Bloomberg:

Oracle Corp. is in discussions with Skydance Media LLC for a major software deal once the media company’s acquisition of Paramount Global is complete. The new arrangement is expected to be worth about $100 million per year, according to people familiar with the matter who asked not to be named speaking about the private discussions. The agreement would see Paramount and its subsidiaries using Oracle’s cloud software, the people said.

Skydance was founded by David Ellison, the son of Oracle Chairman Larry Ellison.

Reminiscent of SpaceX’s $2 billion “investment” in xAI. (Via Peter Kafka.)

★ Monday, 21 July 2025