Larry Ellison provides personal guarantee for Paramount takeover of Warner Bros

39 pointsposted 2 days ago
by sgerenser
(theguardian.com)

20 Comments

djohnston

a day ago

All the media ownership in the world won't put the genie back in the bottle larry - zionism is dying and Americans are sick of footing the bill to their own detriment.

andsoitis

a day ago

Daddy Ellison helps nepo baby

robocat

a day ago

The negative publicity obviously motivated him. Who does he care about impressing these days?

Canada

a day ago

He's buying as much media as possible to propagandize Americans on behalf of Israel. It's why he has TikTok and why he's installed Bari Weiss at CBS.

bfkwlfkjf

21 hours ago

I find it encouraging that people are starting more and more to openly criticise Israel without fear of being called aNtIsEmItIc. They've used it so much it lost its effectiveness.

Canada

18 hours ago

Yes, we need to openly discuss this. It's beyond ridiculous, and they are openly talking about their plans to censor us, which is exactly what Larry is doing. Fuck him.

And look at what they're talking about in Australia right now. This just isn't right, it makes me sick.

We, the majority, are being taken advantage of in the most disgusting and cynical way by this small group of terrible people and our traitor leaders who they bribe and blackmail, and I'm sick and tired of it, and it's long past time we stand up for our own interests.

lotsoweiners

a day ago

Just curious. How does that benefit someone like Ellison?

bfkwlfkjf

21 hours ago

It benefits him because that's the thing he wants.

I find it hilarious that hn is so money focused that a lot of people here will straight up deny that people some times do things for reasons other than money. But it's true, money is just an end.

pityJuke

a day ago

Some context from Matt Levine [0] as to what was different prior to this change.

(TL;DR, but please correct me if I'm wrong: it was previously backstopped by Ellison's revocable trust. Ellison could theoretically clear out the revocable trust at any time, and leave WBD high and dry. Now that it is backstopped by Ellison himself, there is no such worry.)

[0]: https://www.bloomberg.com/opinion/newsletters/2025-12-17/war...

lesuorac

a day ago

> In an effort to address these concerns, Paramount said on Monday morning that Larry Ellison, the co-founder of tech giant Oracle, had agreed to personally backstop $40.4bn in equity financing for the proposed deal.

The deal is for $108.4bn though.

IIUC, Ellison's trust is on the hook for 40.7bn so where's the missing 0.3bn? Levine didn't really talk much about how the remainder is secured so there could be issues there as well.

greatgib

a day ago

Asshole involved, not surprised...

mullingitover

a day ago

Netflix diabolically threw in a $5.8 billion reverse termination fee for their offer, which I believe is rich enough that even if their deal doesn't go through, Warner Bros has enough money to give Ellison the bird and still keep their investors happy.

platevoltage

a day ago

I can't wait for both the Ferengi and the Cardassians to take over The Federation in the next Star Trek series.