WBD

A few months ago, Larry and David Ellison’s Paramount said it had lined up big backers for its bid to acquire Warner Bros. Discovery: three Middle Eastern countries, which would contribute a total of $24 billion to help buy the media conglomerate.Now, Paramount has won the rights to WBD, after…

David Ellison’s Paramount Skydance just suffered another setback, this time in its legal fight with Warner Bros. Discovery.A Delaware judge ruled against Paramount, which had sued WBD in hopes of getting a court order forcing its acquisition target to quickly release information about how the company valued its cable networks.The…