Ellison family invests ~$17B in Paramount Skydance's $110B Warner Bros. Discovery deal

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4▲1 ▼0Impact / 5
Summary · why it matters

David Ellison and his family invested approximately $17B to complete Paramount Skydance Corp.'s acquisition of Warner Bros. Discovery Inc., according to media reports citing public filings. Ellison, the son of Oracle co-founder Larry Ellison, and his family acquired an estimated 1.4B shares in a stock offering, with investors paying $12 a share. The transaction included $47B of new equity investment in Class B Common Stock, led by the Ellison Family, RedBird, Public Investment Fund, L'IMAD, Qatar Investment Authority, and LionTree. Shares of Skydance retreated almost 7% on Wednesday as investors weighed the completed Warner Bros. Discovery combination, ending at $8.89, down $0.64 from the prior close.

Impact on assets 4

Communication Services▲
Warner Bros Discovery Inc
WBD
▲ PositiveCapitalrelevance

Paramount Skydance completed its $110B acquisition of Warner Bros. Discovery, with $47B of new equity invested in the deal.

Cloud & Digital Infrastructure▲
Others▲
Skydance Corporation
SKYD
± MixedCapitalrelevance

Ellison family invested ~$17B to complete the Warner Bros. Discovery acquisition, but Skydance shares fell ~7% as investors weighed the completed combination.

Off-coverage companies 4

LionTreei
Private± Mixedrelevance

Public Investment Fundi
Private± Mixedrelevance

Qatar Investment Authorityi
Private± Mixedrelevance

RedBird Capital Partnersi
Private± Mixedrelevance