Ellison Guarantees $40.4B of Paramount’s Bid for Warner Bros. Discovery
Dec. 22, 2025 — updated 6:35 p.m. ET Paramount announced on Dec. 22 that Larry Ellison, father of Paramount CEO David Ellison, will personally guarantee roughly $40.4 billion of the equity underpinning Paramount’s $108 billion offer to acquire Warner Bros. Discovery (WBD). The move aims to address a key concern raised by WBD’s board and … Read more