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Zhi Zhu 🕸️ boosted
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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Zhi Zhu 🕸️ boosted
Nonilex
@Nonilex@masto.ai  ·  activity timestamp 13 hours ago

Just a reminder — #LarryEllison participated in #Trump’s #coup attempt.

Larry Ellison, #billionaire co-founder & chairman of the software company #Oracle & the biggest backer of #ElonMusk’s #Twitter takeover, participated in a call shortly after the #2020election that focused on strategies for contesting the “legitimacy” of the vote, acc/to court documents & a participant.

#law #billionaires #ElectionInterference #media #StateMedia #FreePress #censorship #antitrust
https://www.washingtonpost.com/politics/2022/05/20/larry-ellison-oracle-trump-election-challenges/

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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/

Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 11 hours ago

Then there’s the whole southern plantation / Scottish Highlands crofting chimera that #LarryEllison has going on with #Oracle in Lānaʻi, Hawaii.

#billionaires #Plutocracy #money #power #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

Just a reminder — #LarryEllison participated in #Trump’s #coup attempt.

Larry Ellison, #billionaire co-founder & chairman of the software company #Oracle & the biggest backer of #ElonMusk’s #Twitter takeover, participated in a call shortly after the #2020election that focused on strategies for contesting the “legitimacy” of the vote, acc/to court documents & a participant.

#law #billionaires #ElectionInterference #media #StateMedia #FreePress #censorship #antitrust
https://www.washingtonpost.com/politics/2022/05/20/larry-ellison-oracle-trump-election-challenges/

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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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