Paramount CEO David Ellison Quietly Urges Warner Bros To Ditch Netflix As Bidding War Heats Up: Report - Netflix (NASDAQ:NFLX), Paramount Skydance (NASDAQ:PSKY)
Benzinga·2025-12-10 16:20

Paramount Skydance (NASDAQ:PSKY) CEO David Ellison reportedly met with major Warner Bros. Discovery (NASDAQ:WBD) shareholders in New York on Tuesday, pitching the studio’s 108billionallcashhostilebidasasuperioroptiontorivalNetflixs(NASDAQ:NFLX)108 billion all-cash hostile bid as a superior option to rival Netflix’s (NASDAQ:NFLX) 82.7 billion cash-and-stock offer.Investors who attended the meetings said Ellison, joined by senior legal and strategy executives, attempted to ease concerns about Paramount's financing structure, particularly its reliance on Middle Eastern investors ...