The Federal Communications Commission greenlit the $8 billion merger between Paramount and #Skydance Media on Thursday, 383 days after the deal was first announced. The merger, which is set to close on August 7, will transform #LarryEllison, 80, and his son #DavidEllison, 42, into one of the most powerful duos in Hollywood, wielding influence over TV shows, movies, news and more. As #Paramount’s chairman, CEO and owner of 50% of its voting rights, David Ellison will oversee an entertainment empire with more than 1,200 film titles, including everything from “Top Gun: Maverick” to a remake of “It’s A Wonderful Life,” plus distribution rights to another 2,400 films. Other crown jewels include popular channels MTV, Nickelodeon, Showtime and CBS Network. But it’s his father who controls the purse strings and owns the equity, according to regulatory filings. The elder Ellison may have helped get the deal over the hump in other ways, too. Keep reading at the link in our bio. (Photo: Jorda...