Paramount CEO David Ellison has met with U.K. Secretary of Culture Lisa Nandy as the media giant seeks to thwart Netflix’s $83 billion deal with Warner Bros. Discovery with its own […]
Paramount and Netflix Bidding War: How Much Is Warner’s Cable Business Really Worth?
The multi-billion-dollar war over the legendary media company Warner Bros. Discovery may, unexpectedly, come down to how much the old, dying cable business called Discovery Global is actually worth. Paramount […]
David Ellison Takes Warner Bros. to Court as Paramount Launches Proxy Battle Over Netflix Bid
Paramount is upping its fight for Warner Bros. Discovery. In a letter to WBD shareholders Monday, Paramount CEO David Ellison said his company has filed suit against WBD in Delaware […]
Warner Bros. Discovery Rejects Paramount’s Amended $30 Per Share Bid Over ‘Insufficient Value’ and ‘Lack of Certainty’
Warner Bros. Discovery has rejected Paramount Skydance’s amended $30 per share, all cash offer to acquire the entire company. The board unanimously determined that the revised $108.4 billion bid, which […]
Major WBD Shareholder Calls Amended Paramount Bid ‘Not Sufficient’
Paramount has submitted its latest offer in its quest to own Warner Bros. Discovery, but one of WBD’s major investors isn’t having it. A representative for Harris Associates, Warner Bros.’ […]
Why Isn’t Paramount and the Ellisons Showing Warner Bros. Discovery Shareholders the Money? | Analysis
Paramount is saying all the right things as it addresses the concerns over its offer to buy Warner Bros. Discovery. But it’s still not budging on the one thing shareholders […]
Warner Bros. Discovery to ‘Carefully Review and Consider’ Paramount’s Amended $30-Per-Share, All-Cash Bid
Warner Bros. Discovery’s board has confirmed receipt of Paramount’s amended all-cash, $30 per share bid for the entire company. “The Warner Bros. Discovery Board of Directors, consistent with its fiduciary […]
Warner Bros. Discovery Rejects Paramount’s $108 Billion Hostile Bid, Citing “Significant Risks”
The board of Warner Bros. Discovery officially rejected David Ellison‘s $30 per share hostile bid for the company, telling shareholders that it remains “inferior” to the Netflix deal, and carries […]
Warner Bros. Discovery Board Rejects Paramount’s ‘Inadequate’ and ‘Illusory’ $108.4 Billion Cash Bid
Warner Bros. Discovery’s board has unanimously rejected Paramount’s $30-per-share, all-cash bid for the entire company, determining that the “inadequate” and “illusory” offer is not in the best interest of the […]
David Ellison’s Netflix Scare Tactic Runs Into European Reality
In his pitch to Warner Bros. Discovery shareholders to accept Paramount Skydance’s $108 billion hostile takeover bid, David Ellison has repeatedly argued that European regulators will never allow Netflix to […]