The legal drama — with deep political undertones and major implications for the media industry — has raged ever since. All of it would be overseen by David Ellison, the son of billionaire Oracle co-founder and Trump friend Larry Ellison. The fate of the merger hangs in the balance, with the potential of winding up before the Supreme Court. Paramount v. statesA legal challenge from states — led by California Attorney General Rob Bonta — had been expected for months. In the federal antitrust case, the states argue the consolidation would undermine competition in the media industry — affecting blockbuster films in particular.