Larry Ellison Pledges $40-Billion Personal Guarantee For Paramount’s Warner Bros Bid

Oracle co-founder Larry Ellison has personally guaranteed $40.4 billion to shore up Paramount’s bid for Warner Bros. Discovery, trying to ease financing doubts as Warner Bros weighs a rival offer from Netflix. Reuters reports: Paramount said the amended terms do not change the $30-per-share all-cash offer even as the fight for Hollywood’s sought-after assets heats up, with control of Warner Bros’ vast library offering a decisive edge in the streaming wars. “I doubt many…