By Garvit Bhirani
Publication Date: 2025-12-22 14:11:00
Oracle co-founder Larry Ellison has agreed to personally guarantee $40.4 billion in equity financing to support Paramount Skydance’s cash offer for Warner Bros. Discovery, according to a regulatory filing Monday.
The personal guarantee is expected to strengthen the financing structure of the deal, which Warner Bros. had previously objected to. board when it rejected Paramount’s proposal in favor of it Netflixas reported by Reuters. Paramount said the revised terms did not change its cash offer of $30 per share.
Following the news, Warner Shares of Bros. Discovery rose 2.5% in premarket trading, while shares of Paramount Skydance rose about 1.6%.
The competition for Hollywood’s most valuable assets continues to heat up, with no clear end in sight. The eventual winner would gain a significant advantage in the streaming wars by securing an extensive content library long coveted by major media acquisitions.
Ellison also committed to maintaining the…
