Paramount–Warner Bros. Discovery combination reportedly set to take the Skydance name

A post claims the Ellison family bought Paramount for $8 billion, then won a bidding war against Netflix for Warner Bros. Discovery at roughly $111 billion. It says Larry Ellison gave a $40.4 billion irrevocable personal guarantee after Warner’s board rejected earlier offers backed by a revocable family trust. The post says the combined company was set to take the Skydance name the week of October 5.