Paramount Calls WBD Sale Process “Tilted And Unfair” In Letter To CEO David Zaslav

Paramount is calling foul in the Warner Bros. Discovery sale process, accusing the company of running an unfair process that it thinks might favor Netflix. “It has become increasingly clear, through media reporting and otherwise, that WBD appears to have abandoned the semblance and reality of a fair transaction process, thereby abdicating its duties to stockholders, and embarked on a myopic process with a predetermined outcome that favors a single bidder. We specifically request and expect this letter will ...