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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 13 hours ago

The #WarnerBrosDiscovery board of directors has rejected Paramount’s bid multiple times, opting instead to go with an offer from #Netflix, which #WBD says is more valuable. The board also said #Paramount has misrepresented itself to WBD shareholders, calling into question the legitimacy of the deal’s “illusory” proposed financing.

#billionaires #media #StateMedia #FreePress #censorship #antitrust #law

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 13 hours ago

#LarryEllison was also accused of conspiring to ethnically cleanse #Palestinians from #Israel-occupied territories, committing #WarCrimes, & funding #genocide. Though the lawsuit was dismissed.

#billionaires #Plutocracy #money #power #media #StateMedia #FreePress #censorship #antitrust #WarnerBrosDiscovery #WBD #Paramount #Oracle #law
https://www.reuters.com/article/world/palestinians-lawsuit-in-us-vs-adelson-others-is-revived-idUSKCN1Q826S/

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 13 hours ago

To counteract that critique, #Paramount said #Oracle founder #LarryEllison – the father of Paramount CEO #DavidEllison – will guarantee all $40.4 billion of the equity he’s putting up to finance the $78 billion deal. That’s a big guarantee, putting Larry Ellison on the hook for about a sixth of his roughly $250 billion net worth if something falls through.

#billionaires #media #StateMedia #FreePress #censorship #antitrust #WarnerBrosDiscovery #WBD #Netflix #law

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 13 hours ago

The #WarnerBrosDiscovery board of directors has rejected Paramount’s bid multiple times, opting instead to go with an offer from #Netflix, which #WBD says is more valuable. The board also said #Paramount has misrepresented itself to WBD shareholders, calling into question the legitimacy of the deal’s “illusory” proposed financing.

#billionaires #media #StateMedia #FreePress #censorship #antitrust #law

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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 13 hours ago

And of course…

Monday, Paramount’s new, hostile offer to #WarnerBrosDiscovery: #LarryEllison will personally guarantee $40 billion

#Paramount said on Monday that Larry Ellison, father of Paramount’s chief executive #NepoBaby #DavidEllison, is personally guaranteeing the roughly $40.4 billion in equity that the company is offering as part of its bid for Warner Bros. Discovery.

#billionaires #media #StateMedia #FreePress #censorship #antitrust #law
https://www.cnn.com/2025/12/22/media/paramount-warner-bros-ellisons-revised-deal?cid=ios_app

CNN

Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion | CNN Business

Paramount has upped the ante in its hostile takeover bid for Warner Bros. Discovery, announcing Monday that Larry Ellison will personally guarantee the tens of billions of dollars he is putting up to bankroll the transaction. The Ellisons will also let shareholders peer into the finances of their family trust.
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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 14 hours ago

Sunday’s unusual events have once again placed “ #60Minutes” at the center of a #media & #political fracas.

#BariWeiss was appointed in October after #DavidEllison, the owner of CBS’s parent company, #ParamountSkydance, acquired her independent “news” & opinion site, The Free Press.

Ellison’s acquisition of #Paramount earlier this year was approved by the #Trump admin only after Paramount paid $16M to settle a lawsuit that Trump had brought against “60 Minutes.”

#StateMedia #law #censorship

Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 14 hours ago

Ellison is currently making a hostile bid to outmaneuver a rival company, #Netflix, & acquire the media behemoth #WarnerBrosDiscovery. He has been courting Trump’s support for his bid, but #Trump has used recent episodes of “ #60Minutes” to suggest he is displeased with Ellison’s stewardship of #CBS.

#StateMedia #law #extortion #FreePress #censorship #immigration #rendition #CECOT #HumanRights #torture

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