Larry Ellison, one of the world’s richest men, has stepped in with a $40.4bn personal guarantee to shore up Paramount Skydance’s $108bn takeover bid for Warner Bros Discovery, escalating a high-stakes battle with Netflix for control of some of Hollywood’s most valuable franchises. Paramount Skydance, led by David Ellison, confirmed that Ellison would provide an “irrevocable personal guarantee” covering the equity financing element of the bid, as well as any potential damages claims. The move...










