Netflix and Warner Bros. deal is far from a sure thing
Digest more
3don MSN
David Ellison makes his case to the White House as Netflix bid for WBD edges out Paramount Skydance
Paramount Skydance chief David Ellison met with Trump officials and key lawmakers in Washington DC on Wednesday to press his case against Warner Bros. Discovery’s potential selection of Netflix as its merger partner – even as the streaming giant submitted a higher offer in the latest round of bidding, The Post has learned.
Netflix has agreed to acquire WBD assets for a whopping $83 billion. Rich Greefield says Paramount Skydance can succeed without WBD.
Chicago media executive Louis Carr has been promoted to president of BET, taking over from Scott Mills as Paramount reorganizes the network serving Black audiences.
3don MSN
Paramount questions ‘fairness and adequacy’ of WBD auction process after reports Netflix may win
Netflix has made a mostly cash offer to purchase the Warner Bros. studio and HBO Max, while Paramount has submitted an all-cash bid for the entire company, The Post previously reported.
Paramount Skydance CEO David Ellison has backed out of the New York Times' DealBook Summit as the media giant is involved in a bidding war for Warner Bros. Discovery. "Unfortunately, he is, as you have read in the headlines,
The David Ellison-led studio questions whether the bidding has been "tilted" and suggests Netflix has been receiving more favorable treatment so far in the auction.