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