> ## Content Index
> Fetch the complete content index at: https://www.medianexis.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Evan Shapiro: Ellison’s Paramount-WBD bid could leave him $85 billion in the hole
- URL: https://www.medianexis.com/evan-shapiro-ellisons-paramount-wbd-bid-could-leave-him-85-billion-in-the-hole/
- Published: 2026-09-11T16:35:06.000Z
- Updated: 2026-09-11T16:35:06.000Z
- Description: A Media War & Peace breakdown pegs the Paramount-Warner Bros. Discovery deal at $111 billion, beating Netflix’s $84 billion bid. If Oracle’s debt gets downgraded to junk, Larry Ellison’s assets freeze, jeopardizing his $40 billion cash backstop.
- Author: Fabric.Media Editorial
- Tags: Streaming, Deals, Evan Shapiro, Evan Shapiro Cartographer's Log live recording

*Signal from* [*Media War & Peace*](https://eshap.substack.com/) *·* [*Evan Shapiro*](https://www.medianexis.com/tag/by-evan-shapiro/) *·* [*read the original*](https://eshap.substack.com/p/cartographers-log-live-stupid-succession)*.*