Paramount Skydance Corporation Aktie News

WBD had urged shareholders to reject $108.4bn hostile takeover bid from Paramount, which is controlled by the Ellisons, following $82.7bn Netflix deal

Paramount has amended its hostile bid for Warner Bros. Discovery, adding an “irrevocable personal guarantee” from Larry Ellison in support of the $108 billion proposal. WBD had raised a range of concerns about the offer, noting it had already formally accepted a bid from Netflix for $82.7 billion.

Oracle founder Larry Ellison is now guaranteeing $40.4 billion of the equity financing for the bid.

Warner earlier recommended that shareholders reject Paramount's $30-per-share bid for all of the company.

Oracle co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion of the equity financing for Paramount Skydance's offer to acquire Warner Bros Discovery , a filing showed on Monday.

Paramount Skydance guaranteed the backing of billionaire Larry Ellison in its hostile bid for Warner Bros. Discovery.

LOS ANGELES and NEW YORK , Dec. 22, 2025 /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") today has amended its $30 per share all-cash offer for Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD"), to address WBD's stated concerns regarding Paramount's superior offer.

This fight is about much more than money.