Larry Ellison Pledges $40 Billion to Bolster Warner Bros. Bid | Bloomberg Businessweek
December 23, 2025
454
5
1
1.32%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg Podcasts Episodes Around December 23, 2025
See what was published immediately before and after this episode.
37:36Now PlayingLarry Ellison Pledges $40 Billion to Bolster Warner Bros. Bid | Bloomberg Businessweek
YouTube Description
as posted by the channelWatch Bloomberg Businessweek Daily every day on YouTube().
Larry Ellison is throwing his personal fortune behind Paramount Skydance Corp.’s bid for Warner Bros. Discovery Inc., aiming to give his son’s company an advantage in a fiercely contested takeover battle with Netflix Inc.
Both suitors moved on Monday to strengthen the financial backing for their offers, though they stopped short of increasing their bids. Netflix refinanced a portion of its planned $59 billion of debt as a way to ensure a lasting investment-grade rating — a key advantage it holds over the lower-rated Paramount.
But it’s the personal guarantee of Ellison, the world’s fifth-richest person with a $246 billion fortune, that could force a rethink by Warner Bros. The board previously urged shareholders to reject Paramount’s offer in part because the billionaire father of its Chief Executive Officer David Ellison had backed the $40.4 billion of equity financing with a revocable trust that could, as the name implies, be withdrawn or amended at any time.
Paramount has been aggressively pursuing Warner Bros. for months and Ellison was taken by surprise when the board agreed to a deal with Netflix for $82.7 billion for the streaming and studio assets. The strength of the financing for each bid has emerged as a decisive issue in the takeover battle, which unleashed two massive debt-fueled offers that rank among the largest in the past decade. Paramount took its offer of $30 a share, or $108.4 billion including debt, for the entire company directly to shareholders.
Today's show features:
Bloomberg News Media Editor Molly Schuetz and Bloomberg Intelligence Senior Credit Analyst Stephen Flynn on the latest developments in the Warner Bros. Discovery bidding war
Que Nguyen, Chief Investment Officer, Equity Strategies with Research Affiliates on whether small- and mid-cap stocks are contributing to the bull market and how much more growth we can expect from the AI trade
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone on trading trends in gold and crypto
Darrick Hamilton, University Professor, the Henry Cohen Professor of Economics and Urban Policy at the New School, on whether Trump accounts can help close the racial wealth gap in America
See omnystudio.com/listener () for privacy information.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
Subscribe to Bloomberg Podcasts
Listen to more of Bloomberg Businessweek
#Bloomberg #Podcast #News #Businessweek
Follow Bloomberg Podcasts on Twitter
Visit our other YouTube channels:
Bloomberg Television
Bloomberg Originals
For coverage on news, markets and more
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.