David Ellison says he knows why the Warner Bros. Discovery board can't accept his most recent offer

Paramount's David Ellison said that if Warner Bros. Discovery's board took his current offer, it would be "admitting breach of fiduciary duty."

Asserting a Personal Role in Warner Bros. Battle, Trump Expands His Powers Again

The move comes as the Supreme Court also appears poised to put antitrust enforcement by the Federal Trade Commission under his control.

Netflix CEO promises to commit to releasing Warner Bros. movies theatrically after studio sale: "We didn't buy this company to destroy that value"

Since Netflix's deal was confirmed last Friday (December 5), Paramount has since launched a cash bid of $100 billion, with the studio stating that Warner Bros. Discovery "never engaged meaningfully" with their previous attempts to negotiate a deal.

David Ellison courted Warner Bros. Discovery's Zaslav hard over 12 weeks to win a deal. Then WBD's chief stopped responding to his texts

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.
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