Warner Bros, Paramount and Netflix rise as Larry Ellison gives $40.4 billion personal guarantee

Shares of Warner Bros Discovery WBD.O, Paramount Skydance PSKY.O and Netflix NFLX.O rise premarket

WBD shares rise 3.2% to 28.67 premarket; PSKY shares rise 1.6% to $13.26 premarket; NFLX shares rise ~1% to $95.27 premarket

Larry Ellison gives $40.4 billion personal guarantee of equity financing for PSKY's offer to acquire WBD

No change to PSKY's $30-per-share all-cash offer for WBD

Up to last close, WBD has more than doubled this year, PSKY has risen 24.8% this year, NFLX has risen 5.9% this year