Updated: Friday| Published: 2 Dec
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 bids that could reach $70 billion.Paramount alleges the sale process favors Netflix, raising concerns about antitrust issues and potential "active sabotage," while highlighting regulatory questions linked to David Ellison and Donald Trump, and Comcast CEO Brian Roberts' relations with Trump.A group of feature film producers has called on Congress to scrutinize Netflix's possible acquisition, fearing an institutional crisis in Hollywood and increased foreign influence.
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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...

46h/13h
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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...

Fri/46h
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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