Zhi Tong Cai Jing·2025-12-27 05:36Group 1 - Paramount and Redbird Capital are considering extreme measures, including potential litigation against Warner Bros. Discovery, alleging bias in the bidding process favoring Netflix's lower offer [1] - The Ellison family controls 77.5% of Paramount, while Redbird Capital holds approximately 22.5% [1] - Paramount has made at least six acquisition offers to Warner Bros. Discovery, increasing the bid from $30 per share and introducing over $40 billion in personal equity financing guarantees from Oracle founder Larry Ellison [2] Group 2 - Warner Bros. Discovery has not publicly responded to the revised offer and financing guarantees from Ellison [2] - There is an expectation that the bid will be raised to approximately $33 or $34 per share [2] - Internal sources at Paramount suggest that the preference for Netflix's cash and stock proposal is due to the close relationship between Warner Bros. CEO David Zaslav and Netflix CEO Ted Sarandos [1]