Their relationship grew warmer as David Ellison achieved professional success, they said. Larry Ellison has always considered himself wise about Hollywood, and one of his best friends, Steve Jobs, mentored the son about the business as well.
Larry Ellison was initially skeptical of Skydance, the Hollywood company that his son started and that bought Paramount. But he has told friends in recent years that he considers his son to be one of the smartest people in the business world, trusts his judgment and tends to agree with him on corporate matters, several people with knowledge of the Ellisons said.
Is Skydance/Paramount under Ellison ahead of other Hollywood firms in terms of successful development of profitable film/streaming properties? A quick look at the list of successes shows IP that was initially developed outside of Skydance ... Mission Impossible, Terminator, Star Trek, etc.