Larry Ellison will deliver a ‘full backstop' for mogul son David's plans to buy Warner Bros. Discovery: sources
1. Larry Ellison plans to fully backstop his son's bid for WBD. 2. David Ellison's bid stands at $56 billion; Zaslav seeks over $70 billion. 3. Larry's recent net worth drop raises concerns about financial support. 4. David Zaslav is actively pursuing other bidders like Netflix and Amazon. 5. Paramount Skydance remains financially shaky despite recent job cuts.