Producer David Ellison is trying to take control of Paramount, the troubled media company. Ellison's father, Oracle founder Larry Ellison, is expected to help finance the proposed deal. AdvertisementDavid Ellison is a Hollywood producer who looks increasingly likely to become the new owner of Paramount. David Ellison is also the son of Larry Ellison, who founded business software behemoth Oracle Corp. and is the fifth-richest man in the world. This story is available exclusively to Business Insider subscribers.

---

Persons: David Ellison, Ellison's, Larry Ellison, —, Ellison, Shari Redstone Organizations: Paramount, Oracle, Service, behemoth Oracle Corp, Business Locations: Hollywood