Oracle’s Larry Ellison offers $40.4 billion guarantee to beef up Paramount’s Warner Bros bid
Oracle co-founder Larry Ellison has stepped in to personally guarantee $40.4 billion in Paramount Skydance’s latest effort to pry Warner Bros Discovery away from selling its prized Hollywood assets to streaming giant Netflix. The guarantee, disclosed in a filing on Monday, seeks to allay the Warner Bros board’s doubts about Paramount’s financing and the lack … Read more