Ellison
David Ellison’s latest attempt to acquire Warner Bros. Discovery was rebuffed on Wednesday, but it hasn’t been all bad news for the Paramount Skydance CEO.Paramount’s argument that its offer is superior to Netflix’s received an unexpected boost this week from the poor stock performance of Versant, the spinoff of Comcast’s cable…
Paramount CEO David Ellison says he knows the Warner Bros. Discovery board can’t accept his latest offer of $30 per share for the company.Why?”If they accept the offer exactly as it is today, right, then they’re admitting breach of fiduciary duty, so I don’t think they can just take that,”…
2025-12-08T21:42:32.472Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log…
David Ellison is officially the CEO of Paramount Skydance. After a successful Paramount merger, next on his wish list is Warner Bros. Discovery — and he’s launched a hostile takeover bid in an effort to scoop it out from Netflix’s hands.The 42-year-old founded Skydance back in 2006 with some help…
