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Oracle Co
  • Founder's Personal Pledge Strengthens Skydance's Offer for Paramount


Ellison's Guarantee Aims to Secure Warner Bros. Discovery Content


In a significant move to bolster a proposed media merger, Oracle co

  • founder Larry Ellison has agreed to personally guarantee a bid by Skydance Media for Paramount Global. The revised offer includes a strategic plan to license content from Warner Bros. Discovery, creating a potential new powerhouse in the entertainment industry.


    • Strategic Revision of the Paramount Bid


    The new bid structure aims to address concerns and make the offer more attractive to Paramount's board. By providing a personal guarantee, Ellison adds a substantial layer of financial security to the transaction, signaling his deep commitment to the deal's success.


    Key Elements of the Revised Proposal


    The core components of the updated Skydance offer center on content acquisition and financial backing. The proposal's key features include:



    • A personal financial guarantee from billionaire Larry Ellison.

    • A strategic licensing agreement for Warner Bros. Discovery's extensive content library.

    • A revised structure for the acquisition of Paramount Global.


    Focus on Content and Streaming Strategy


    Integrating Warner Bros. Discovery content is seen as a major strategic advantage. This move would significantly expand the combined entity's library, strengthening its position in the competitive streaming market against giants like Netflix and Disney+.


    The involvement of a high

  • profile tech billionaire like Ellison brings considerable credibility and resources to the bid, potentially reshaping the landscape of Hollywood mergers and acquisitions.