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Can David Ellison pull off Hollywood’s megamerger?

The audacious deal to combine Paramount and Warner Bros has huge repercussions and steep challenges

When Paul Thomas Anderson’s One Battle After Another won Best Picture and five other Oscars this month, it capped a banner year for Warner Bros, and gave its likely new owner a reason to smile.

A record haul of 11 Oscars, including four for Sinners and one for Weapons, plus total box office takings of $4bn from a run based mostly on original scripts instead of sequels, was a reminder of why Warner Bros has always been such a coveted Hollywood property.

It has had three owners so far this century, two in the past eight years alone. And it could soon have a fourth if David Ellison, the movie-loving 43-year-old son of Oracle founder Larry Ellison, has his way.

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