The battle for Warner Bros. Discovery spilled onto pages full of revelations big and small Wednesday, as the media giant defended the process of selecting Netflix as the winner in its auction. Company disclosures and a letter to shareholders from the board of directors explained the reasoning behind discarding Paramount as well as Comcast and offers from two unidentified parties. Among the reasons listed for rebuffing David Ellison: an incendiary and, it seems, unfortunately timed letter from Paramount’s l ...