David Ellison got some good news this week, despite Warner Bros. Discovery rejecting his latest bid
David Ellison's latest attempt to acquire Warner Bros. Discovery was rebuffed on Wednesday, but it hasn't been all bad news for the Paramount Skydance CEO. Paramount's argument that its offer is superior to Netflix's received an unexpected boost this week from the poor stock performance of Versant, the spinoff of Comcast's cable assets, including CNBC and MS NOW (formerly MSNBC).On Wednesday, WBD rejected Paramount's eighth bid, telling shareholders and employees that Netflix's offer to buy its studio and ...