Updated: 3h| Published: 36h
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

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