Paramount Global and Skydance logos, in this illustration taken on Dec. 17, 2024. Reuters/Dado Ruvic/Illustration/File Photo
Paramount Skydance amended its offer to buy Warner Bros. Discovery on Dec. 22, guaranteeing backing from Oracle billionaire Larry Ellison.
Following questions raised by the Warner Bros. Discovery (WBD) board of directors, the studio said in a statement that Larry Ellison, the father of Paramount CEO David Ellison, would support the acquisition.
