Block also reported its latest financial results today. It finished the 2025 financial year with operating income (profit after expenses) of $1.71 billion.
Less than a year ago, Skydance Media closed its $8 billion merger with Paramount, making the Trump-friendly Ellison family—billionaire Oracle founder Larry and his son David, CEO of Paramount Skydance—among the most powerful media moguls in the country. A looming Paramount Skydance merger with Warner Bros. Discovery would expand their empire even further.
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