Warner Bros. Discovery Stock News

Paramount wants Warner Bros. Warner Bros.

Paramount executives have begun speaking to WBD shareholders to gauge their interest in tendering their shares against the recommendation of WBD's board to sell its studio and streaming assets to Netflix. Paramount altered its offer Monday with a personal guarantee from Oracle co-founder Larry Ellison backstopping $40.4 billion in equity funding for a deal.

A flurry of multi-billion-dollar deals has bankers and advisers from Wall Street to Canary Wharf packing laptops next to presents and warning family and friends their holiday vacations over the next two weeks will be cut short.

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.

Netflix Inc (NASDAQ:NFLX, XETRA:NFC) has restructured part of the financing for its proposed acquisition of Warner Bros Discovery Inc (NASDAQ:WBD, XETRA:J5A), while Oracle co-founder Larry Ellison has provided a personal guarantee to support a competing Paramount Skydance (NASDAQ:PSKY) bid, moves aimed at assuring WBD's board and shareholders that both offers are fully funded. Warner Bros last ...

Netflix has secured new bank financing totaling $25 billion to replace a portion of the cash commitment under its previously disclosed $59 billion bridge loan to acquire Warner Bros. Discovery's studios and streaming business.

Oracle co-founder Larry Ellison has agreed to personally backstop a crucial portion of the financing behind Paramount Skydance's hostile bid for Warner Bros Discovery (WBD), intensifying a high-stakes takeover battle that could reshape Hollywood's streaming landscape. Paramount said on Monday that Ellison has provided an “irrevocable personal guarantee” covering $40.

Paramount revised its Warner Bros. Discovery bid, adding a $40.4 billion guarantee by Larry Ellison.