Paramount stands by bid for Warner Bros. Discovery

Skydance Media CEO David Ellison attends the premiere of Netflix's "Spellbound" at the Paris Theater on Monday, Nov. 11, 2024, in New York. (Evan Agostini/Evan Agostini/Invision/AP) Paramount is staying the course on its $30-a-share bid for Warner Bros. Discovery, again appealing directly to shareholders. The move comes after Warner Bros. Discovery's board voted unanimously this week to reject Paramount's revised bid, in which billionaire Larry Ellison agreed to personally guarantee the equity portion of ...