David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery

David Ellison's Paramount Skydance just suffered another setback, this time in its legal fight with Warner Bros. Discovery. A Delaware judge ruled against Paramount, which had sued WBD in hopes of getting a court order forcing its acquisition target to quickly release information about how the company valued its cable networks.The value of WBD's cable TV networks is a key difference between Paramount's and Netflix's rival bids. Paramount wants to buy them while Netflix does not. Paramount's effort was uns ...