Acquiring Company
Oracle Corporation
Acquired Company
Paramount Pictures
AustinLos AngelesOtherInformation TechnologyHardwareNatural ResourcesSoftwareData And AnalyticsNavigation And MappingMessaging And TelecommunicationsEnterprise SoftwareConsultingIt ManagementCloud ComputingMedia And EntertainmentAnimationFilmFilm ProductionentertainmentDescription
Oracle Corporation is set to acquire Paramount Pictures in a significant merger that has drawn mixed reactions. The deal, worth $111 billion, has faced opposition from notable figures, including actor Mark Ruffalo, who criticized the merger. Both companies emphasize the importance of assessing the transaction based on its legal merits.
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Based on deal dataFrequently asked
Who acquired Paramount Pictures?
Paramount Pictures was acquired by Oracle Corporation, based in Austin. The deal was reported on August 22, 2026. Oracle Corporation is a multinational computer technology corporation that offers software, cloud solutions, and hardware products. Oracle Corporation is publicly traded (ORCL) and operates in Other.
When did Oracle Corporation acquire Paramount Pictures?
Oracle Corporation's acquisition of Paramount Pictures was reported on August 22, 2026. Oracle Corporation is set to acquire Paramount Pictures in a significant merger that has drawn mixed reactions. The deal, worth $111 billion, has faced opposition from notable figures, including actor Mark Ruffalo, who criticized the merger. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paramount Pictures do?
Paramount Pictures is a leading global film and television production and distribution company known for its iconic films. Founded in 1912, it has produced many critically acclaimed films and franchises, including the classic Gladiator. It is privately held, operating in Media And Entertainment, and is based in Los Angeles.
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