The $52 billion financing narrowly crossed the finish line, and Paramount's acquisition of Warner is now in the final countdown! The Ellison media empire is about to face a cash flow test.

A massive cast of thousands, records broken one after another, losses that appeared in the blink of an eye, and phone calls filled with fury. If the months-long debt financing journey undertaken by David Ellison's Paramount Skydanceson of Oracle founder Larry Ellisonfor its bold acquisition of Warner Bros. Discovery were made into a prestige drama series, then the past few days would be the chaotic season finale of that show.