Paramount Skydance Says Larry Ellison Has Made ‘Irrevocable Personal Guarantee’ of $40.4 Billion Toward Warner Bros. Discovery Bid

December 22, 2025 Variety

Paramount Skydance, seeking to reassure Warner Bros. Discovery shareholders that its hostile takeover bid is solid, said that Larry Ellison has made an “irrevocable personal guarantee of $40.4 billion” toward its $108 billion all-cash offer for WBD seeking to derail Netflix’s pact. Paramount, led by chairman and CEO David Ellison (Larry’s son), also upped its […]