Browsing: David Ellison

Warner Bros Discovery has rejected Paramount Skydance’s latest hostile takeover bid, but has left the door open a crack.

Paramount CEO David Ellison is doubling down in his relentless pursuit of Warner Bros Discovery assets.

Netflix has gone all-cash in its Warner Bros bid, escalating pressure on Paramount as a shareholder vote looms.

Warner Bros Discovery has rejected Paramount’s $108-billion bid, citing weak financing assurances and shareholder risk.

Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for $72-billion, excluding debt.

Paramount Global, the parent of US broadcaster CBS, will soon be controlled by software billionaire Larry Ellison.

If Elon Musk’s bid for Twitter was a needlessly painful and drawn-out saga, pity shareholders in Paramount Global.