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 Netflix.
Read More Ellison offers personal guarantee to beef up Paramount’s Warner Bros bid
TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture.
Read More TikTok signs deal to form new US unit with investors, including Oracle, Silver Lake
Warner Bros. Discovery’s (WBD) board of directors urged shareholders to reject Paramount Skydance’s hostile bid for the company, arguing that the offer is “illusory” and “imposes numerous, significant risks and costs.”
Read More Warner Bros. Discovery board urges shareholders to reject Paramount’s bid, argues Ellison family has ‘consistently misled’ shareholders
Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers and creators.
Read More Warner Bros asks investors to reject takeover bid by Paramount Skydance
Paramount 11th-hour, hostile bid for Warner Bros Discovery was rooted in what it considered a lack of responsiveness from Warner Bros late last week.
Read More Warner Bros’ lack of response fueled Paramount’s hostile bid, filing says
By Kenin M. Spivak
October 8, 2025
(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)
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