Late-night television host Stephen Colbert has once again delivered a sharp-witted critique, this time targeting billionaire David Ellison's high-profile acquisition of Paramount by Skydance Media.
During his opening monologue on The Late Show, Colbert didn't hold back, quipping: "Nothing says 'Hollywood power move' like a tech heir buying a struggling studio to prove he's not just living off Dad's Oracle money." The audience erupted in laughter as Colbert mimed signing an oversized cheque.
The Deal That's Shaking Hollywood
The $8 billion merger between Skydance Media and Paramount Pictures has been the talk of Tinseltown, with Ellison - son of Oracle co-founder Larry Ellison - positioned to take creative control of the legendary studio behind franchises like Mission: Impossible and Top Gun.
Colbert highlighted the irony of the situation: "So let me get this straight - the guy who brought us Terminator: Genisys now gets to decide the fate of an entire studio? That's like letting the guy who burned your toast run the entire diner."
Audience Reactions and Industry Impact
The comedian's segment has gone viral across social media platforms, with many viewers praising his ability to distill complex corporate manoeuvres into biting humour. Industry analysts suggest Colbert's jokes may reflect wider concerns about tech billionaires reshaping traditional entertainment landscapes.
As the Paramount-Skydance deal moves forward, all eyes remain on how Ellison will steer the historic studio - and whether Colbert will continue his comedic commentary on the evolving situation.
