this post was submitted on 22 Dec 2025
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Television

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Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion (edition.cnn.com)
submitted 2 weeks ago by Skavau@piefed.social to c/television@piefed.social
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[–] reddig33@lemmy.world 25 points 2 weeks ago (2 children)

Does he have $40 billion? Or will this just be more leveraged debt?

[–] its_kim_love@lemmy.blahaj.zone 39 points 2 weeks ago

It's always leveraged debt.

[–] showmeyourkizinti@startrek.website 9 points 2 weeks ago

Well of course it's debt, but the debt is guaranteed by Ellison's personal Oracle stock. Which means that:
One - if the new Paramount/WB gets in to trouble (always a possibility with any media company) He might be required to sell chunks of his Oracle stock which would lower their value getting him in a destructive spiral of having to sell off increasing amounts Oracle stock at increasing lower values just to cover his personal loan. Which would leave Oracle open to a stock holders lawsuit too.
Or (and I think this is the much likelier scenario) - There's a AI stock crash and now David Ellison and the new Paramount/WB is left holding the bag for a shit ton of Oracle stock which is now worthless and are scrambling to pay stockholders.
Either way I'd expect a suit from anyone holding Oracle stock pretty soon.

[–] calliope@retrolemmy.com 23 points 2 weeks ago* (last edited 2 weeks ago)

Legitimately, why should anyone care that one guy/family can “guarantee” anything?

Please crawl back into your hole, cretin. No one asked you to emerge.

[–] KiwiTB@lemmy.world 21 points 2 weeks ago (1 children)

Facists will do fascist things

[–] grue@lemmy.world 14 points 2 weeks ago (1 children)

Doesn't mean we have to let them.

[–] KiwiTB@lemmy.world 9 points 2 weeks ago

That's a nice idea but it's coming upto a year and Americans have done nothing.

[–] notsosure@sh.itjust.works 11 points 2 weeks ago

Is that the real Larry or the wax figure from Madame Tussaud’s?

[–] Kyrgizion@lemmy.world 9 points 2 weeks ago

This is the guy who said we peasants should be surveilled 24/7 to "keep us on our best behavior" (aka, we don't band together because the moment we do, they're mega-fucked).