In a massive shake-up of the global media landscape, Oracle co-founder Larry Ellison has issued a $40.4 billion personal guarantee to support Paramount Global’s hostile takeover of Warner Bros. Discovery. This unprecedented financial backing aims to create a streaming and content behemoth capable of challenging Netflix and Disney. Market analysts suggest the “Ellison Guarantee” significantly reduces the risk for Paramount’s board, though the deal faces intense scrutiny from federal antitrust regulators concerned about media consolidation.
