- Concerns are rising about the Paramount purchase and how it might interfere with HBO documentaries, driven by CEO Ellison's leadership and political views regarding Trump.
- Netflix beat Paramount's bid for Warner Bros, while Larry Ellison cultivated ties with Trump and California AG criticized Trump's antitrust stance.
- Larry Ellison holds significant Oracle shares and Tesla stock as collateral, while Netflix has reportedly made competing acquisition offers.
- Skydance Media made a $110 billion offer for Warner Bros. Discovery, with the deal's viability tied to Oracle stock performance.
Larry Ellison provided a personal financial guarantee related to the acquisition of Warner Bros. Discovery, impacting Oracle shareholders.
1 report, 1 independent
Updated Jul 26
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What happened
Larry Ellison provided a personal financial guarantee related to the acquisition of Warner Bros. Discovery, impacting Oracle shareholders.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Warner Bros. Discovery
American mass media and entertainment conglomerate
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Larry Ellison
American internet entrepreneur and businessman (born 1944)
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Oracle Corporation
American multinational computer corporation
Related events
- David Ellison, who controls Warner Bros., is tied to Oracle founder Larry Ellison, who has strong connections to Donald Trump.
- Larry Ellison leads Oracle through its current challenges.
- Larry Ellison holds about 40% of Oracle equity as the company competes in the AI infrastructure race alongside OpenAI and Nvidia.
- Oracle provided technology to the IDF, while Ellison's influence linked to media acquisitions and Ruffalo criticized the role.
- FactSet is tracking Larry Ellison's stock sales history, which is affected by European market-abuse rules concerning Oracle trading.
Coverage
Newest first; wire copies grouped- foreignpolicyjournal.comOracle (NYSE: ORCL) Shares Sink 34% As Larry Ellison's $40.4 Billion Warner Bros. Discovery Guarantee Faces 12-State Lawsuit