Paramounts new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion
CNN2 days
Consolidating massive media power under one conservative billionaire family creates dangerous concentration of influence across news, entertainment and technology. The Ellison takeover represents corruption masked as business strategy, with Trump connections enabling a hostile bid that threatens independent journalism and diverse creative voices while dismantling workplace protections.
Warner's rejection of Paramount's bid exposes serious concerns about financing credibility and commitment, demanding personal guarantees the Ellisons won't provide. Netflix acquiring Warner would devastate theatrical cinema since Sarandos declared theatrical films dead, making Ellison's Paramount the best choice to preserve moviegoing culture.
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