Austin is the Media Capital of the World
Mel Jones, General Manager at JOY512.com and 44-year veteran in the media world brings us another update about what’s going on in media here in Austin and it’s more exciting than you can imagine.
If you had any doubt that Austin is the media Capital of the World this bit of news should ease your doubts. Take a look at the media voice currently coming out of the Austin area. Austin’s influence will dictate thought and perception for all generations.
X.com – from Bastrop reaches hundreds of millions in the world
Joe Rogan podcast reaches millions
Lara Logan podcast reaches thousands
Alex Jones podcast reaches millions
Roseanne Barr podcast reaches thousands
The Latest Acquisition
Austinite Larry Ellison, founder of Oracle family trust has financed Skydance to make all these acquisitions. And now, as of October 6, 2026, Skydance acquires Warner Bros and more. Paramount studios is rumored to be moving headquarters to Austin.
David Ellison is chairman and CEO of Skydance (ticker SKYD), the company formed when Paramount Skydance’s roughly $111 billion acquisition of Warner Bros. Discovery closed on October 6, 2026. The deal was financed largely by Larry Ellison’s family trust; the Ellison family and RedBird Capital together hold 100% of the combined company’s voting shares, with the Ellisons the largest equity holder.
The combined company includes:
- Studios: Paramount Pictures and Warner Bros. (plus New Line, DC Studios, and Skydance), covering franchises such as Mission: Impossible, Top Gun, Star Trek, Harry Potter, DC (Batman, Superman, etc.), and others.
- **News:** CBS News and CNN. (Paramount earlier acquired Bari Weiss’s The Free Press; Weiss has been involved in CBS News leadership.)
- Premium and cable networks: HBO, MTV, Comedy Central, Nickelodeon, BET, TBS, TNT, Cartoon Network, Adult Swim, Discovery, TLC, HGTV, Food Network, TCM, and related channels.
- Streaming: Paramount+, HBO Max, Pluto TV, and Discovery+.
- Other: Sports rights tied to CBS and related networks, plus games businesses from Warner Bros. and Skydance.
Separately, Larry Ellison’s Oracle holds about a 15% stake in the U.S. TikTok joint venture (TikTok USDS), alongside other investors such as Silver Lake. That is a minority stake in the U.S. entity that handles TikTok’s U.S. data and algorithm, not full ownership of TikTok.
Gulf sovereign wealth funds (Saudi PIF, Abu Dhabi, and Qatar) provided a large share of the equity for the Warner deal but hold non-voting shares. RedBird Capital is the other voting partner.
Why is this important?
God has a destiny for Austin and if you’re a resident of this region, you carry a responsibility to steward the calling and see her destiny fulfilled. We each have a part in this!
This is a brief excerpt from Austin’s star chart written by God in the Heavenlies:
“Austin has been given the ability to receive revelation from Heaven to birth things into the earth, not just to conceive the ideas but the know-how to cause them to manifest. She has a strong voice that should be used to call things into being and initiate action. Her words and actions have the ability to greatly affect this region, but also to impact the world. God’s heart for Austin is that this gift will be used to advance His Kingdom far and wide while, at the same time, destroying the works of the devil that have planned to usurp God’s will.”
To read the rest of Austin’s Destiny, visit https://www.luke-418.com/blog/happy-birthday-austin/
Our nation is at a crossroads. The enemy would love to steal, kill and destroy Austin, but we say, “Not on our watch!” Join in the prayers for our region and find your place on the wall. God is with us! Victory belongs to the Lord!
Father, we pray for Larry and David Ellison and all the employees of the new media giant in Austin. We pray for their salvation and that they would be born again and that they will “hear Your voice”. Father, we say what comes out of Austin blesses the state of Texas and the world….Father we pray for programming and truth that will glorify you. Father, it has been said “What Comes Out of Austin changes the World”….. Lord, we declare that righteousness will reign and influence the entire world from ATX!!!!