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Dan Cole to leave Leicester Tigers after 18 years for personal reasons

Leicester Tigers stalwart Dan Cole will leave the club after 18 years due to personal reasons.

Cole, 38, played for the Tigers between 2007 and 2025 before taking up the role of recruitment and retention manager after hanging up his boots.

The former prop turned out over 340 times for the club – breaking the record of league appearances for Leicester in 2023-24.

“I am leaving Tigers with a heavy heart,” Cole said.

“This club means everything to me and it has been an honour to represent the badge. Unfortunately, a change in personal circumstances dictates that I cannot give the role the attention it deserves moving forwards so I am stepping away.

“I have no doubt that the club is on strong footing for 2026 and beyond and wish Geoff, the players and everyone at Mattioli Woods Welford Road the best of luck.”

Leicester-born Cole won four Premiership titles during his time at Welford Road.

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Take That say ‘nothing could prepare them’ for fame in Netflix’s ‘deeply personal’ doc as trailer released

Take That are poised to dominate 2026 – and their fans have a lot to look forward to.

As well as their massive 17-date Circus Live stadium tour next spring, Gary Barlow, Howard Donald and Mark Owen are just 29 days away from dropping their huge Netflix documentary series.

Take That are set for a huge 2026, with Gary Barlow, Howard Donald and Mark Owen lining up a major stadium tour and a new Netflix documentary seriesCredit: PA
Former members Jason Orange and Robbie Williams do not take part in the series, but fans will see them in never-before-seen interviews and archive clips

And bosses at the streaming giant have kindly shared the first trailer for the three-parter, left, exclusively with me. It will be shared on YouTube and across social media today from 10am.

The series will go ahead without Jason and Robbie but fans will see them speaking in never-before-seen interviews and clips from their time in the band.

Insiders told me that nothing was off limits for Mark, Howard and Gary in the documentary, which will see them giving new interviews about the highlights and the heartaches of being part of Take That.

For the opening trailer, Netflix has pulled together some amazing archive footage of the group at the very start of their careers, with Gary heard saying: “Nothing beats being in a band.

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“There’s strength, there’s a buzz.” Mark adds: “From the beginning, there was something within us that wanted to prove something.”

The cameras then cut to footage of the fivesome mucking about backstage, as Jason says: “We were tight among ourselves, like we were kings of the world.”

Elsewhere, a baby-faced Robbie walks into shot and looks at the camera as he says: “We all kiss before the show, in a butch way.”

Discussing the magnitude of what was to come — with Take That landing 20 Top Ten hits including 12 No1s — Howard adds: “I don’t think anything could prepare you for what we were about to take on in the Nineties.”

Netflix has billed the series, which is available to stream from January 27, as “the deeply personal and definitive story of Take That.”

A music insider told me: “Gary, Howard and Mark gave their all for this series.

“Take That was life-changing for all of them but, naturally, with the great highs came great lows.

“So much has been said and written about them, the documentary gives them the chance to say their piece — and no stone is left unturned.

“It really is a must-watch for their fans.”

I can’t wait.

Kim gives kids puppy love

Kim Kardashian filled her home with snow-covered trees before making North, Saint, Chicago and Psalm smile for the cameraCredit: Instagram
Kim’s kids were all given Pomeranian puppies – a gift criticised by animal rights group PETA
Kim also posed with her mum Kris Jenner and a visiting Santa ClausCredit: Instagram

Kim Kardashian pulled off the impossible this festive season – by getting all four of her kids to pose for a snap with her.

She filled her home with snow-covered trees before making North, Saint, Chicago and Psalm smile for the camera. Kim also posed with her mum Kris Jenner and a visiting Santa Claus.

And the kids had a lot to grin about after each were given a Pomeranian puppy, above.

But animal rights organisation PETA blasted Kim’s choice of gift.

Urging people to adopt, not shop, founder Ingrid Newkirk said: “It’s a shame Kim missed the chance to be a spokesperson for shelter pups and is being rightly slammed on social media.”

Tim’s Su-preme gift

Susan Boyle wore merch from Timothee Chalamet’s new movie Marty Supreme to sing Happy Birthday to himCredit: Supplied
Timothee Chalamet has praised Susan Boyle as one of his greatest Brits after her rise to fame on Britain’s Got TalentCredit: Getty

Timothee Chalamet got a surprise from one of his heroes as he turned 30 on Saturday.

In a video shared online, Susan Boyle wore merch from the actor’s new movie Marty Supreme to sing Happy Birthday to him.

This month Timothee hailed the Scottish singing sensation, who found fame after dazzling on TV’s Britain’s Got Talent, as one of his greatest Brits, saying: “She dreamt bigger than all of us. Who wasn’t moved by that?”

He seemed chuffed by his special video as he celebrated his milestone.

Sharing it on Instagram, he wrote: “THANK U SUSAN!!!!!!!!”

Extra-ordinary, Alex

Alex Warren’s Ordinary has been crowned the UK’s biggest song of 2025 by OfficialCharts.

The tune, at No1 for 13 weeks in February, was the most-streamed track of the year, racking up 2.2million UK chart units.

The US singer also scored the 30th biggest song in the UK with Carry You Home.

Lola Young was just behind at No2 with Messy, while Chappell Roan’s Pink Pony Club was the third biggest song of the year.

They managed to sneak in front of the KPop Demon Hunters’ Golden. Despite ten weeks at No1, it finished as the fourth most popular tune.

2025 Top Ten

  1. Ordinary – Alex Warren
  2. Messy – Lola Young
  3. Pink Pony Club – Chappell Roan
  4. Golden – Huntr/X, Ejae, Audrey Nuna, Rei Ami & KPop Demon Hunters Cast
  5. Apt – Rose & Bruno Mars
  6. That’s So True – Gracie Abrams
  7. Beautiful Things – Benson Boone
  8. Love Me Not – Ravyn Lenae
  9. Man I Need – Olivia Dean
  10. Die With A Smile – Lady Gaga & Bruno Mars

A dream team for Dermot

Dermot Kennedy has teamed up with long-time pal Noah Kahan to record new music that could feature on his upcoming third albumCredit: Getty

Dermot Kennedy has teamed up with Noah Kahan to work on new music, which may well end up on the Irishman’s upcoming third album.

Dermot has been pals with the Stick Season singer for years, but he recently let slip that they have finally got together to record tracks.

In an exclusive interview, I asked Dermot if he had been in the studio with any other artists and he replied: “We did spend a day with Noah Kahan, which was lovely.

“I’ve been a fan of his for a long time.”

Last month, Outnumbered singer Dermot announced a huge UK and Europe arena tour, which will begin in May.

And he told how his sleep pattern became “extremely irregular” while working on his forthcoming album.

He said: “There were days where I might start at night and go until all hours.

“When the mood feels right, you do it.”


Lily Allen stocked up on Britney Spears-themed cigarette lighters from Pittsburgh-based artist Jegan Mones, on her recent US trip.

The Smile singer loved the products so much she later returned to the store to buy others emblazened with Paris Hilton and Lindsay Lohan.

Sounds like Lily is paying homage to fellow reformed party girls in her own way.


Adele is rolling in the dosh

Adele banked £158,000 a week last year and added millions to her fortune through residencies in Munich and Las Vegas, despite not releasing an album since 2021Credit: Getty

Adele banked £158,000 a week last year, despite not having released an album since 2021.

Her pop empire is run by A Adkins Touring, Melted Stone and Melted Stone Publishing and new accounts filed over Christmas reveal she added £8.2 million to her business riches over the year in 2024.

But that doesn’t include earnings from her money-spinning ten-date residency in a purpose-built venue in Munich, or the final 32 dates of her Las Vegas residency, which ended in November last year.

Even at a modest £100 per seat, the Munich gigs would have raked in £75million in ticket sales alone.

And although her Vegas residency saw Adele, above, performing in a smaller venue, she will still have made millions.

There was a six-year gap between her last two records, so maybe there won’t be too much longer to wait before Adele pops up to say Hello once again.

Sam plays NYE safe

Sam Ryder is skipping New Year’s Eve celebrations as he prepares to headline the London Parade on New Year’s DayCredit: Getty

He’s had a cracking year with a new album and his biggest headline show yet but Sam Ryder won’t be opening the champagne on New Year’s Eve.

The singer is headlining the 40th annual London Parade on New Year’s Day, appearing in a line-up featuring 8,000 other performers, and he’s planning to play it safe in the run-up.

In an exclusive chat, he told me: “I love New Year’s, but love an early night more. Pre-gig prep like sleep and rest are super-important to me, so I’ll see in the New Year with friends, family and a few mocktails.”

The London Parade will be shown on London Live and on YouTube from 12pm.

Sam, right, continued: “We have an hour-long set so a decent amount of time to ring in the New Year in style.”

Next summer, Sam will take the lead in an 11-week run of Jesus Christ Superstar at the London Palladium – and is also penning tunes at his new home in Nashville.

He added: “We’ve got the busiest year coming up so I want to get into the most positive space.”

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Olivia Attwood says her personal life was ‘garbage’ in 2025 after  spending Xmas Day alone

OLIVIA ATTWOOD has branded her personal life was ‘garbage’ after spending Christmas Day alone.

The TV presenter, 34, made the admission on the Sunday Roast podcast with close pal Pete Wicks, as the pair discussed their personal lives during the Christmas special.

Olivia Attwood revealed her personal life was ‘garbage’ this year during a Christmas special of her Sunday Roast radio showCredit: Getty
Her admission came as she spent Christmas Day alone in a hotel as her and husband Bradley Dack move back to London to be closer to his club Gillingham FCCredit: Olivia Attwood / Instagram

The former Love Island star revealed that she wants to “really get my s*** together in 2026” as she and Pete read out new years resolutions sent in by fans.

“I want to really get my s*** together in 2026”, she said on the podcast.

Olivia continued: “I feel like I had a good work year. I think my personal life was garbage, so I’d like to have more of a balance in 2026.”

Pete, 37, responded by telling pal Olivia that he would aim to settle down in the next 12 months, but his claim was swiftly dismissed by Olivia.

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Knowing Pete for over eight years, she branded him “

Pete, 37, responded by saying that maybe he would aim to settle down in the next 12 months, but Olivia refused to believe him. 

After knowing Pete for over eight years, Olivia branded him “attention-seeking”.

And she suggested that the said the TV star is more likely to settle down when he’s 45.

The pair first met back in 2017 after appearing on ITV2 reality show The Only Way Is Essex.

They quickly became pals and have remained close ever since, and this year that friendship became a working relationship as the pair managed to bag their own The Sunday Roast podcast on KISS FM.

Olivia spoke candidly about her festive period – and told how she’ll be enjoying December 25 with her dogs instead.

It has been a tough few weeks for Olivia, who recently broke down in tears as she bid farewell to the Cheshire mansion she shared with Gillingham footballer Bradley Dack, 31.

The couple, who tied the knot two years agomoved into the stunning pad in 2021, with the star hailing it her “dream home”.

But the pair are relocating back to London – nearer to Brad’s Kent club – for their next “chapter” amid a difficult time for the couple.

After admitting Brad will be playing football or training “most of the time” she said: “I’m in London for Christmas.

“I’m staying in London but going to a hotel, we did the family already, we’re done… We can’t go skiing because of the football.’

Olivia spent much of her time this year with her former TOWIE co-star Pete Wicks, who hosts the Sunday Roast podcast with herCredit: Getty

She told Towie star Pete on their show: “I decided to do a hotel which is just 10 minutes from my house, I feel I physically, mentally needed a break from where we’re currently living, because we’ve got s**t everywhere, boxes, suitcases.

“I just need to not be there.”

It came after she previously uploaded a video to social media where she wrote over the clip: “Saying goodbye to the house I will never call home again.”

The video finished with a heartbroken Olivia seen waving goodbye to her home.

Writing over the last bit of the clip, she said: “Next chapter pending.”

Olivia has hoped that her personal life balances out with her professional life as the new year rings inCredit: Getty

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Capitol Journal: Newsom’s struggles with dyslexia prompt a ‘very personal’ quest to fund early screening

Gov. Gavin Newsom’s lifelong struggle with dyslexia makes his proposal to screen little kids for developmental disorders a personal mission.

California’s new governor wasn’t diagnosed with the reading disability until he was in the fifth grade.

“I got screened late,” Newsom, 51, told me. “I bounced around to five schools in seven years because I didn’t get the support. My mom kept trying different schools, looking for support. Back then, they didn’t know what this stuff was.

“I’d fallen behind, literally behind, and when that happens you tend to act accordingly. Finally someone diagnosed it. That allowed me to get support and self-confidence.”

Whatever guidance young Newsom got obviously worked. He graduated from Santa Clara University, created a successful wine and hospitality business, was twice elected San Francisco mayor, became lieutenant governor and then California’s 40th governor.

Anyone who watched Newsom’s recent inaugural speech on the Capitol steps saw him reading flawlessly off the teleprompter. He didn’t miss a beat even when his 2-year-old son, Dutch, leaped into his arms and stayed there.

In his $209-billion state budget proposal, Newsom asked the Legislature for roughly $100 million to fund developmental and health screenings for infants and toddlers in low-income families.

That’s a little-noticed slice of Newsom’s $1.8-billion proposed package of programs aimed at expanding early education and childcare for the poor.

More from George Skelton »

I asked the governor if the developmental screenings were inspired by his struggles with dyslexia.

“Deeply so — 100%,” he replied. “It’s very personal for me.

“If you get those screens early, you can not only change a person’s life, you can save taxpayers a lot in the process.”

That’s because certain developmental disorders can lead to serious medical ailments that often require tax dollars to treat. At worst, they can lead to criminal behavior.

“I found out [about dyslexia] when I was in the fifth grade,” Newsom says. “My mother struggled with whether to tell me about it. She didn’t want me to have an excuse. She wanted me to work hard.”

Newsom says at least one — maybe two — of his four children has dyslexia.

“It is deeply painful not just for the kids, but for the parents watching them struggle,” he says.

“Unless you get the screening, the rest of your life you struggle.” But with trained help, a child can work around the disorder, he adds, and “later in life you find other strengths.”

The biggest chunk of Newsom’s package to help kids from poor families — and their parents — is his proposal to offer all-day kindergarten. Now, 22% of school districts provide only part-day kindergarten, a costly burden on working parents who must pay for expensive childcare after school.

Newsom also wants to provide full-day pre-kindergarten for all 4-year-olds from low-income families. He’d like to eventually include 3-year-olds.

Coverage of California politics »

“Most of the brain development work is done by the time you’re 4,” the governor says. “Getting 3-year-olds in [class] is the game-changer.”

OK, that’s a great idea. But why not provide pre-kindergarten classes for all kids, regardless of family income? The middle class gets shunted aside again.

There’s a reason why Social Security and Medicare — and K-12 public schools — are so popular everywhere. They’re not means tested. No one is rejected because of income.

Newsom asked the Legislature for $10 million to draw “a road map” to universal pre-kindergarten for every 3- and 4-year-old, regardless of family income. But liberal lawmakers would need to be persuaded to provide preschool for the upper middle class and wealthy.

“The consensus in the Legislature is that it’s not our goal to serve kids whose parents have the means to afford their own,” Assembly Speaker Anthony Rendon (D-Paramount) told me last month.

But full-time day care is unaffordable for many middle-class parents. It costs as much or more than tuition at the University of California — $1,000 a month and up.

The governor and legislators say there isn’t enough money for universal pre-kindergarten, not even with a projected budget surplus of around $21 billion.

“And even if we had all the resources in the world,” Newsom says, “we’re not prepared to spend that appropriately. We couldn’t even lease the facilities, couldn’t train the workforce. It’s not just about access. It’s about quality access.”

Assemblyman Kevin McCarty (D-Sacramento), who chairs the budget subcommittee on education finance, says it would cost $4 billion annually to include all 4-year-olds in pre-kindergarten. He has introduced legislation to cover poor children. He estimates that would cost $1.5 billion.

“I’d like nothing more than to afford it for all kids,” McCarty says. “But we have other priorities. We can start with the families who need it the most — where we get the biggest bang for the buck.

“Upper-middle-class families will pay for it on their own. And some of the middle-class families will just miss out.”

Senate Budget Committee Chairwoman Holly J. Mitchell (D-Los Angeles), who once ran one of the largest child development organizations in the country, Crystal Stairs, says, “If I had a magic wand, I absolutely would” provide early childhood education for everyone. “But we don’t even have enough money to pay for the lowest-income kids.”

Somehow they’ll find enough money for the poor kids and should — and make sure they’re screened for developmental disorders.

Famous people, including Steven Spielberg, Walt Disney, Leonardo da Vinci, Tom Cruise and Albert Einstein, have battled dyslexia.

California’s governor is the latest role model for youngsters struggling with the affliction.

george.skelton@latimes.com

Follow @LATimesSkelton on Twitter



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In San Francisco, mayor’s troubles not just personal

He’s considered a darling of Democratic Party politics, a smooth-talking young millionaire with Kennedy good looks who has basked in the media limelight while being courted as a possible national political figure.

But beneath the surface, Mayor Gavin Newsom’s Camelot has been crumbling.

After admitting in the last five days to adultery and alcohol abuse, Newsom has suffered a public political meltdown that has rocked City Hall and led one San Francisco supervisor to call for his resignation.

The 39-year-old mayor, who is running for reelection in November, acknowledged last week that he had an affair with the wife of a longtime aide. On Monday, he announced he would seek counseling because he had “come to the conclusion that I will be a better person without alcohol in my life.”

But the mayor’s problems appear to run deeper than behind-the-scenes indiscretions, raising questions about his ability to lead one of America’s largest cities.

Critics and backers alike now acknowledge that Newsom has become disengaged, reluctant to grapple with such critical issues as the city’s soaring homicide rate among black residents. In recent months, he has even refused to meet with supervisors — longtime supporters included.

In this famously forgiving place, some at City Hall say the mayor should be granted the leeway to deal with his problems while in office. Others express pent-up frustration and question whether he should continue to run for a second term.

Supervisor Jake McGoldrick on Tuesday called for Newsom’s resignation.

“If he lived by any code of honorable behavior, he would have a personal epiphany and do the right thing,” McGoldrick said. “The only epiphany he’s had is ‘How do we spin this?’ ”

Supervisor Michela Alioto-Pier, a longtime Newsom ally, said it was too early to call for any political heads.

“Most people grapple with things in their lives, but most don’t have to do it publicly — and the mayor has taken that courageous step,” she said. “If anyone should call for his resignation, it should be city residents, and they haven’t done that.”

Meanwhile, public reaction to the mayor’s admissions appears to be mixed. Local newspaper websites have run the gamut — with comments supporting Newsom running about equal to those expressing anger and even vitriol.

As she lunched at a Financial District salad bar Tuesday, Adriana Pietras, 25, a paralegal, said Newsom’s actions have changed the way she views the mayor. “I don’t think he should resign,” she said, “But I’m not sure he should run again.”

Nearby, another voter said the mayor should leave office today.

“His transgression was a serious integrity issue,” said the man, who asked not to be named. “But he won’t ever resign. He’s a politician. Bill Clinton’s precedent gives him hope he can survive this.”

Elected to the mayor’s office in 2003, Newsom, a former supervisor, quickly won the adulation of San Franciscans with his forceful stance in support of same-sex marriages. Images of thousands of gay and lesbian couples receiving marriage licenses at San Francisco’s gilded City Hall were seen around the world.

Although some believed Newsom’s stand was too radical for the mainstream and contributed to the Democrats’ 2004 national election losses, his cachet continued to grow. Newsom’s image, with his slicked-back hair and aquiline nose, appeared on the covers of national news magazines.

He was, said Simon Rosenberg, founder of the New Democrat Network, which cultivates progressive political leadership, “arguably the single most promising Democrat under 40 in the country.”

“Whatever ‘it’ is,” Rosenberg said in 2004, “I think Gavin’s got it.”

Newsom took on celebrity status with an eager staff of aides and an aggressive spokesman with experience on national campaigns. News releases gushed about the mayor’s accomplishments.

He crafted a plan to offer healthcare to every resident. He touted San Francisco as among the world’s greenest cities and promised to provide free wireless access citywide.

But some community and business leaders have complained that the mayor’s inaccessibility may have cost the city dearly: the San Francisco 49ers suddenly announced in the midst of negotiations for a new stadium that the team was looking to move to nearby Santa Clara — in part because the team owner couldn’t get Newsom on the phone.

City government, meanwhile, is deadlocked as the mayor faces off against critics on the Board of Supervisors who characterize Newsom’s style as distant and arrogant. In November, supervisors brought a nonbinding ballot measure to voters suggesting that the mayor attend meetings to submit to “question time.”

Voters approved it. But Newsom dismissed it as a political gesture. Instead, he promised to hold community town hall meetings.

In response, angry residents showed up at one Newsom appearance dressed in chicken costumes.

Relations had so soured by January that in his inaugural speech as president of the Board of Supervisors, Aaron Peskin pointedly denounced an arrogant style-over-substance administration, saying, “We will lead by deeds and actions, not by hollow pronouncements and press releases.”

Newsom’s personal life first became controversial last fall after he briefly dated a woman who wasn’t old enough to drink legally.

Through it all, Newsom seemed to tire of the spotlight. Perhaps, he told the local media, he wouldn’t run for reelection after all. Perhaps he would just return to private life.

Then it all came crashing down.

Last Thursday, Newsom admitted having an affair with his former appointments secretary, the wife of one of his most trusted aides. The affair reportedly took place while the mayor was splitting from his then-wife, attorney and television analyst Kimberly Guilfoyle.

His plans for rehab followed on Monday — creating a stir in the national news media that Newsom has so often courted.

Tuesday’s headline in the New York Post: “S.F. ‘Sex’ Mayor in Booze RX.”

McGoldrick, the supervisor, called the headline a fitting comedown for a mayor “who lives by PR.”

“When that gets tarnished, there’s not much left,” he said.

Supervisor Bevan Dufty, a longtime Newsom friend, has called on McGoldrick to be patient, saying that Newsom needs time to heal.

But even Dufty said that the mayor’s personal crisis has taken a toll on city government.

“He has been profoundly unhappy in personal life and in aspects of his job, and that has shown,” he said. “He has taken umbrage at every turn. He’s been disdainful of me and my colleagues. It’s hard, especially since I viewed myself as an ally.”

Joel Benenson, a Democratic pollster and strategist, said it would be hard for Newsom to win higher office.

“American voters do have the capacity to forgive. They believe in redemption,” he said. “But while you can come back from an affair, it’s apparent he has crossed the line. He would have to spend too much time explaining alcohol abuse and what he did to his friend’s family. It would come to define him.”

As for Newsom’s future in City Hall, the debate continues.

“I’ve lived through three mayors — I know what it takes to get the job done,” said Supervisor Tom Ammiano. “I’m not calling for him to resign, but I don’t think he should run again. That would be traumatic” for the city.

But Dufty insisted that Newsom is up to the job.

“There’s no question he’s enormously talented,” he said. “The ultimate question is, ‘Is this what he wants to do?’ When it comes to a second term, the commentary is, ‘The only person running against Gavin Newsom is Gavin Newsom himself.’ ”

john.glionna@latimes.com

lee.romney@latimes.com

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Larry Ellison pledges $40 billion personal guarantee for Paramount’s Warner Bros. bid

Billionaire Larry Ellison has stepped up, agreeing to personally guarantee part of Paramount’s bid for rival Warner Bros. Discovery.

Ellison’s personal guarantee of $40.4 billion in equity, disclosed Monday, ups the ante in the acrimonious auction for Warner Bros. movie and TV studios, HBO, CNN and Food Network.

Ellison, whose son David Ellison is chief executive of Paramount, agreed not to revoke the Ellison family trust or adversely transfer its assets while the transaction is pending. Paramount’s $30-a-share offer remains unchanged.

Warner Bros. Discovery’s board this month awarded the prize to Netflix. The board rejected Paramount’s $108.4-billion deal, largely over concerns about the perceived shakiness of Paramount’s financing.

Paramount shifted gears and launched a hostile takeover, appealing directly to Warner shareholders, offering them $30 a share.

“We amended this Offer to address Warner Bros. stated concerns regarding the Prior Proposal and the December 8 Offer,” Paramount said in a Monday Securities & Exchange Commission filing. “Mr. Larry Ellison is providing a personal guarantee of the Ellison Trust’s $40.4 billion funding obligation.”

The Ellison family acquired the controlling stake in Paramount in August. The family launched their pursuit of Warner Bros. in September but Warner’s board unanimously rejected six Paramount proposals.

Paramount started with a $19 a share bid for the entire company. Netflix has offered $27.75 a share and only wants the Burbank studios, HBO and the HBO Max streaming service. Paramount executives have held meetings with Warner investors in New York, where they echoed the proposal they’d submitted in the closing hours of last week’s auction.

On Monday, Paramount also agreed to increase the termination fee to $5.8 billion from $5 billion, matching the one that Netflix offered.

Warner Bros. board voted unanimously to accept Netflix’s $72-billion offer, citing Netflix’s stronger financial position, the board has said.

Three Middle Eastern sovereign wealth funds representing royal families in Saudi Arabia, Qatar and Abu Dhabi have agreed to provide $24 billion of the $40.4-billion equity component that Ellison is backing.

The Ellison family has agreed to cover $11.8-billion of that. Initially, Paramount’s bid included the private equity firm of Jared Kushner, Trump’s son-in-law, but Kushner withdrew his firm last week.

Paramount confirmed that the Ellison family trust owns about 1.16 billion shares of Oracle common stock and that all material liabilities are publicly disclosed.

“In an effort to address Warner Bros.’s amorphous need for ‘flexibility’ in interim operations, Paramount’s revised proposed merger agreement offers further improved flexibility to Warner Bros. on debt refinancing transactions, representations and interim operating covenants,” Paramount said in its statement.

Paramount has been aggressively pursuing Warner Bros. for months.

David Ellison was stunned earlier this month when the Warner Bros. board agreed to a deal with Netflix for $82.7 billion for the streaming and studio assets.

Paramount subsequently launched its hostile takeover offer in a direct appeal to shareholders. Warner Bros. board urged shareholders to reject Paramount’s offer, which includes $54 billion in debt commitments, deeming it “inferior” and “inadequate.” The board singled out what it viewed as uncertain financing and the risk implicit in a revocable trust that could cause Paramount to terminate the deal at any time.

Paramount, controlled by the Ellisons, is competing with the most valuable entertainment company in the world to acquire Warner Bros.

Executives from both Paramount and Netflix have argued that they would be the best owners and utilize the Warner Bros. library to boost their streaming operations.

In its letter to shareholders and a detailed 94-page regulatory filing last week, Warner Bros. hammered away at risks in the Paramount offer, including what the company described as the Ellison family’s failure to adequately backstop their equity commitment.

The equity is supported by “an unknown and opaque revocable trust,” the board said. The documents Paramount provided “contain gaps, loopholes and limitations that put you, our shareholders, and our company at risk.”

Netflix also announced Monday that it has refinanced part of a $59 billion bridge loan with cheaper and longer-term debt.

Bloomberg contributed to this report.

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