Paramount
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…
In September, Ron Telemarque was given 11 days to make a difficult decision: leave his job at Paramount Skydance — or prepare to work from the office five days a week. He’s confident he made the right choice.For the first half of this year, Telemarque commuted to the office two…
Paramount Skydance on Monday revised its hostile bid for Warner Bros. Discovery, without increasing the price, after WBD’s board affirmed its backing of rival Netflix’s offer.In Paramount’s new offer, the company said Larry Ellison, one of the richest people in the world and father to Paramount CEO David Ellison, agreed…
Warner Bros. Discovery didn’t just reject Paramount again on Wednesday. It also pulled back the curtain on what the bidding war was like behind the scenes.WBD advised shareholders to dismiss Paramount’s $30-per-share offer for the company and stick with Netflix’s bid of $27.75 per share (for only its studios and streaming business). In…
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2025-12-08T14:22:03.365Z 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…
