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Larry Ellison’s $40 billion pledge to his son’s Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over
SuccessLarry Ellison’s $40 billion pledge to his son’s Paramount deal shows a shift in billionaire giving: Philanthropic capitalism is taking over
By Ashley LutzDecember 23, 2025
Sheldon Kimber, CEO of Intersect Power, right, at the Oberon Solar plant near Desert Center, California, on Oct. 25, 2023. (Photo: Lauren Justice/Bloomberg/Getty Images)
NewslettersWhy Alphabet will acquire Intersect Power
By Andrew NuscaDecember 23, 2025
Paramount
LawNot only did Larry Ellison personally guarantee $40.4 billion for his son’s pursuit of Warner Bros., Paramount upped the break fee to $5.8 billion
By Wyatte Grantham-Philips and The Associated PressDecember 22, 2025
Larry Ellison sits in the Oval Office
Big TechBillionaire Larry Ellison comes to his son’s rescue, agreeing to personally guarantee over $40 billion to finance Paramount’s bid for Warner Bros.
By Dave SmithDecember 22, 2025
Tom Freston
Arts & EntertainmentTom Freston, the beat-poet exec who made MTV cool for 20 years, sees ‘really nothing in it for the consumer’ from Netflix, Warner, or his old company
By Nick LichtenbergDecember 21, 2025
Rohit Prasad, SVP and head scientist of artificial general intelligence at Amazon, speaking at Fortune Brainstorm AI 2024 in San Francisco. (Photo: Stuart Isett/Fortune)
NewslettersAmazon shakes up its AI leadership
By Andrew NuscaDecember 18, 2025
Zaslav
Big TechWarner Bros. shareholders were ‘consistently misled’ by Paramount, board says in rejection letter: There’s no Ellison family backstop, and never was
By Nick LichtenbergDecember 17, 2025
Trump
BankingTrump turns on CBS, Kushner pulls out and Paramount’s hostile bid for Warner Bros. shows signs of collapse
By Eva RoytburgDecember 16, 2025
Kushner
LawKushner’s Affinity withdraws from Warner Bros. takeover battle
By Matthew Monks, Lucas Shaw, Michelle F. Davis and BloombergDecember 16, 2025
Warner
InvestingWarner Bros. plans to reject Paramount bid on funding, terms
By Michelle F. Davis, Lucas Shaw and BloombergDecember 16, 2025
Sarandos
Arts & EntertainmentIt’s a sequel, it’s a remake, it’s a reboot: Lawyers grow wistful for old corporate rumbles as Paramount, Netflix fight for Warner
By Nick LichtenbergDecember 13, 2025
Sarandos
CommentaryNetflix, Warner, Paramount and antitrust: Entertainment megadeal’s outcome must follow the evidence, not politics or fear of integration
By Satya MararDecember 12, 2025
Sam Altman
Arts & Entertainment‘We’re not just going to want to be fed AI slop for 16 hours a day’: Analyst sees Disney/OpenAI deal as a dividing line in entertainment history
By Nick LichtenbergDecember 11, 2025
Kushner
PoliticsParamount’s Mideast backing likely runs deeper than $24 billion
By Adveith Nair and BloombergDecember 11, 2025
Warren
Big TechWarner Bros. merger fight draws fire across U.S. political divide
By Hannah Miller and BloombergDecember 11, 2025
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