Tag: David Ellison

(Background) LOS ANGELES, CALIFORNIA - DECEMBER 08: An aerial view shows the Paramount logo displayed on the water tower at Paramount Studios on December 8, 2025 in Los Angeles, California. Entertainment giant Paramount, now renamed Paramount Skydance, is attempting a hostile takeover bid for Warner Bros. Discovery worth $108.4 billion. (Mario Tama/Getty Images) / (R) WASHINGTON, DC - FEBRUARY 03: Oracle co-founder, CTO and Executive Chairman Larry Ellison listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on February 03, 2025 in Washington, DC. After signing a series of executive orders and proclamations, Trump spoke to reporters about a range of topics including recent negotiations with Mexico on tariffs. (Photo by Anna Moneymaker/Getty Images)

Warner Bros. Discovery board urges shareholders to reject Paramount’s bid, argues Ellison family has ‘consistently misled’ shareholders

Warner Bros. Discovery’s (WBD) board of directors urged shareholders to reject Paramount Skydance’s hostile bid for the company, arguing that the offer is “illusory” and “imposes numerous, significant risks and costs.”

Read More Warner Bros. Discovery board urges shareholders to reject Paramount’s bid, argues Ellison family has ‘consistently misled’ shareholders

Trump: It’s ‘imperative’ CNN is sold as part of Warner Bros. Discovery merger talks, current owners ‘very dishonest group of people’

President Donald Trump recently asserted that it is “imperative” that left-wing news outlet CNN is sold alongside its parent company, as Warner Bros. Discovery prepares for a potential merger with Netflix.

Read More Trump: It’s ‘imperative’ CNN is sold as part of Warner Bros. Discovery merger talks, current owners ‘very dishonest group of people’