Updated: 7h| Published: 40h
Skydance Media, led by David Ellison, has launched an all-cash takeover bid of $108.4 billion for Warner Bros. Discovery, directly challenging an earlier $82.7 billion proposal from Netflix.Ellison asserts Skydance's bid offers superior shareholder value and faces fewer antitrust hurdles, engaging actively with shareholders and regulators, including the US and EU.The Writers Guild of America, along with President Donald Trump, has voiced opposition to further media consolidation, while the deadline for investors to tender shares to Paramount is January 8.
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#Philadelphia

#DavidEllison

#SkydanceMedia

#DonaldTrump

#WarnerBrosDiscovery

#Netflix

#WritersGuildOfAmerica

#Paramount
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DavidEllison

Skydance Media, led by David Ellison, has launched an all-cash takeover bid of $108.4 billion for Warner Bros. Discovery, directly challenging an earlier $82.7 billion proposal from Netflix. Ellison asserts Skydance's...

40h/7h
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DavidEllison

Paramount Pictures, under CEO David Ellison, launched a superior $108.4 billion all-cash hostile takeover bid for Warner Bros. Discovery (WBD), directly challenging Netflix's $72 billion equity deal. Paramount argues...

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ConnieChung

Connie Chung, former CBS Evening News anchor, vehemently criticized CBS News, stating it is now a "whole different organization" driven by "greedy owners." She expressed deep distress over Paramount's recent...

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DavidEllison

Paramount Skydance, led by David Ellison and backed by Larry Ellison and sovereign wealth funds, has submitted an all-cash bid to acquire Warner Bros. Discovery, as competition from Netflix and Comcast intensifies with...

2 Dec/Fri