Why Paramount Skydance believes it has edge over Netflix in race to buy Warner Bros. Discovery
Why Paramount Skydance believes it has edge over Netflix in race to buy Warner Bros. Discovery
admin 2026/01/11 14:52Paramount Skydance believes it finally has the upper hand in its race against Netflix to acquire Warner Bros. Discovery – partly because it believes the Netflix deal is unraveling on its own, On The Money has learned.
The owner of Paramount and CBS’s brain trust – whose bosses David and Larry Ellison on Thursday reaffirmed their commitment to a merger with WBD – are citing a series of self-inflicted wounds by WBD as it has rejected PSKY’s current “hostile” offer for the company worth $30 a share, or $78 billion, sources said.
This week, WBD lamented that Ellison & Co.’s deal relies on $85 billion in debt, slamming it as a “leveraged buyout” as it demanded that Larry Ellison guarantee that debt in addition to the $40 billion in equity he has guaranteed.
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The owner of Paramount and CBS’s brain trust – whose bosses David and Larry Ellison on Thursday reaffirmed their commitment to a merger with WBD – are citing a series of self-inflicted wounds by WBD as it has rejected PSKY’s current “hostile” offer for the company worth $30 a share, or $78 billion, sources said.
This week, WBD lamented that Ellison & Co.’s deal relies on $85 billion in debt, slamming it as a “leveraged buyout” as it demanded that Larry Ellison guarantee that debt in addition to the $40 billion in equity he has guaranteed.
➤➤➤ SEE MORE
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