New Delhi, Dec. 23 -- Paramount's Audacious Counterstrike Against Netflix's Warner Bros. Power Play.
In a move that has sent shockwaves through Hollywood's already turbulent boardrooms, Oracle co-founder Larry Ellison has personally guaranteed $40.4 billion in financing to bolster Paramount Global's hostile bid for Warner Bros. Discovery, escalating a high-stakes bidding war against Netflix's aggressive acquisition play. The dramatic escalation, announced late Monday, comes as Warner Bros. Discovery grapples with mounting debt and a shifting media landscape, forcing executives to weigh unprecedented offers amid regulatory scrutiny and shareholder pressure. This clash of titans, pitting streaming behemoth Netflix against a revived Paramou...
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