The British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances from the company over media diversity.
Oracle is heavily inflated by the AI bubble. It’s not crazy to think Larry Ellison may be squeezed hard by a bubble pop, paying significant amounts for WB, and the heavy debt the new company will now have to service.
Can I hope it was cleared so as to financial stretch the Ellisons as much as possible and put them closer to bankruptcy?
No? Damn it!
Oracle is heavily inflated by the AI bubble. It’s not crazy to think Larry Ellison may be squeezed hard by a bubble pop, paying significant amounts for WB, and the heavy debt the new company will now have to service.
Oracle datacenters are bleeding him dry though+ the purchase paramount, WB, discovery.