Netflix vs. Paramount: Why each media giant says it has the best Warner Bros.

Hollywood's latest high-drama battle of the titans: Paramount versus Netflix. David Ellison's Paramount made a hostile bid for Warner Bros. Discovery after WBD rebuffed its multiple offers and accepted Netflix's offer to buy its studio and streaming business.This means Ellison, who is backed by his billionaire father, Larry Ellison of Oracle, is making his case directly to shareholders on why he'd be the best owner for WBD. "We have faster regulatory certainty to close," Ellison said. He called the deal " ...