David Ellison told Warner Bros. shareholders it's 'not too late' to switch teams from Netflix to Paramount
Business Insider·2025-12-11 13:03

The media war between Warner Bros. Discovery, Netflix, and Paramount is raging on. Paramount Skydance's CEO, David Ellison, sent a letter to WBD shareholders on Wednesday, urging them to tender their shares in support of Paramount's bid for WBD."It is not too late to realize the benefits of Paramount's proposal if you choose to act now and tender your shares," Ellison said in the letter. On Friday, Netflix announced that it would acquire WBD for $72 billion, after WBD rejected Paramount Skydance's offers ...