Paramount Renews Bid For Warner Bros, Ensuring $40B Larry Ellison Backing
Paramount relaunches its Warner Bros bid with a $40B Larry Ellison guarantee—outbidding Netflix in a high-stakes Hollywood showdown.
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Paramount Renews Bid For Warner Bros, Ensuring $40B Larry Ellison Backing
Paramount Doubles Down on Warner Bros With Ellison’s $40B Backing In a dramatic escalation of Hollywood’s biggest corporate battle, Paramount Skydance has relaunched its bid for Warner Bros. Discovery (WBD)—this time with an ironclad commitment from tech titan Larry Ellison. The newly amended offer includes a $40.4 billion personal guarantee from Ellison, Oracle’s founder and one of the world’s wealthiest individuals, aimed squarely at silencing WBD board concerns over financing credibility. This move comes just days after WBD rejected Paramount’s earlier $108.4 billion hostile takeover attempt in favor of a $82.7 billion deal with Netflix. Credit: David Paul Morris/Bloomberg / Getty Images The updated bid is a strategic counterpunch designed to reframe the narrative: Paramount isn’t just offering more cash—it’s now backed by one of the most formidable financial guarantees in media merger history. Why Warner Bros Shareholders Are Watching Closely For Warner Bros shareholders, the stakes co…