Battle for Warner Bros. Discovery
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David Ellison fought hard to win Warner Bros. Discovery. But despite his strenuous efforts, he lost out to Netflix — and now Ellison is switching from carrots to sticks: Paramount Skydance is taking its case directly to shareholders in a hostile takeover bid for WBD.
President Donald Trump inserted himself directly into the battle for control of Warner Bros. Discovery on Wednesday, saying, “It’s imperative that CNN be sold,” while deriding the network’s news coverage.
CNN staffers tell Fox News Digital the mood in the newsroom is "grim" over the prospects of Paramount owner David Ellison buying its parent company Warner Bros. Discovery.
On today's 'Daily Variety' podcast, David Ellison tries to pry Warner Bros. and HBO from Netflix; 'Five Nights at Freddy's 2' impresses at box office.
The Paramount Skydance CEO writes that his $30-a-share hostile bid is superior to Netflix's "across every dimension