Discovery.CEODavid Ellison's company had hoped to force WBD to disclose how it valued its TV networks.A judge ruled that Paramount "was not misled by any omissions" from WBD ... The value of WBD's cable ...
Note that Netflix stock is currently trading nearly 30% below its price in early December, when it first confirmed plans of buying WBD assets.Why is Netflix suddenly interested in going all cash ... For WBD shareholders, cash is king.
WBD) ... After a grueling post-merger integration and a strategic pivot that saw the stock rally significantly through 2025, WBD finds itself at a historical crossroads, balancing a proposed merger with Netflix, Inc ... WBD competes in a "Land of Giants."
Discovery (WBD) today by filing a lawsuit in DelawareChancery Court against WBD, declaring its intention to fight Netflix’s acquisition. In December, WBD agreed to sell its streaming and movie businesses to Netflix for $82.7 billion.
Discovery (WBD), ParamountCEODavid Ellison has escalated his opposition by filing a lawsuit in Delaware and sending another letter to WBD shareholders ... The company has demanded WBD to disclose the details of how it valued the Netflix transaction.
In 2026, when it feels as though the world is moments away from any number of disasters, there is nothing hotter than watching someone do their job really, really well. Name. Competency porn. Age. Relatively new ....
Additionally, Paramount Skydance CEODavid Ellison said that his company will nominate a slate of directors at WBD’s next annual meeting who, if confirmed, will choose to engage with Paramount’s offer over Netflix’s.
The suit asks a Delaware court to compel WBD to disclose the financial details about its sale process and its $83 billion pending agreement with Netflix ... letter to WBD shareholders today.
The legal document calls the WBD board’s recommendation to take Netflix’s offer over Paramount’s “misleading” multiple times ... The lawsuit calls for the WBD board to ...
Discovery's board to court.Instead of raising its bid, Paramount is starting a proxy fight while trying to win over investors.Read Paramount Skydance CEODavid Ellison's latest letter to WBD shareholders.