Natalie ShermanBusiness reporter Larry Ellison at the White House with Donald Trump in January 2025 Tech billionaire Larry Ellison and his son, Hollywood producer David, have long walked the halls of power in America's entertainment and business worlds, rubbing shoulders with celebrities and heads of state. But it's not the Hollywood glamour of David Ellison's film production firm Skydance, nor Larry's lucrative days as CEO of software giant Oracle, that are dominating the headlines. It's the family's bid to create a new media empire – one that some say could pose a threat to Rupert Murdoch's long-held dominance in the US media landscape. The Ellisons have just completed a $7bn deal to buy a 66% stake in film and TV production company Skydance, taking the family's media interests to new heights. Larry Ellison, the billionaire co-founder of Oracle, will sit on the board of the enlarged company while his son, David, will be chai...