David Ellison's Paramount is now suing Warner Bros. Discovery
Business Insider·2026-01-12 15:20

David Ellison has chosen to continue the fight for control of Warner Bros. Discovery, this time in court. The Paramount Skydance CEO has made eight attempts to buy WBD, all of which were rebuffed in favor of Netflix's cash-and-stock offer.Now, Paramount is suing WBD for more information, including how it's valuing its cable networks, "so that WBD shareholders have what they need to be able to make an informed decision as to whether to tender their shares into our offer," Paramount said in a letter to WBD s ...

David Ellison's Paramount is now suing Warner Bros. Discovery - Reportify