Oracle is reportedly in advanced discussions to secure a $100 million cloud infrastructure deal with the newly merged Skydance-Paramount entity, a move that could significantly boost Oracle’s presence in the entertainment and media sector.
The deal, if finalized, would see the merged entertainment company use Oracle Cloud Infrastructure (OCI) to support a range of digital operations, including content production, global distribution, and AI-driven personalization of viewer experiences.
“This potential deal highlights how Oracle is positioning itself as a serious player in media cloud services,” said a senior industry analyst. “With the rapid digital transformation of Hollywood, cloud providers are racing to capture high-value partnerships.”
Skydance Media recently announced a deal to merge with Paramount Global, creating a new powerhouse in entertainment with ambitious plans for tech-enabled content and streaming innovation.
Oracle faces stiff competition from rivals like Amazon Web Services, Microsoft Azure, and Google Cloud, all of which are also targeting the growing demand from media companies for scalable and secure infrastructure.
A $100 million deal would represent a major win for Oracle’s cloud business, which has increasingly focused on industry-specific solutions and enterprise partnerships.
The deal is still under negotiation, and both companies have declined to comment publicly. However, industry insiders suggest the agreement could be finalized by the end of the year, further cementing Oracle’s role in powering the next generation of digital entertainment platforms.
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