The WBD president and CEO would trade his 21 million shares for half a billion dollars at Paramount's proposed price point.

David Ellison's $23.50/share offer to acquire Warner Bros. Discovery and merge it with Paramount Skydance was rejected. How ...

Warner Bros. has been sold and resold over the decades. AT&T gained control in 2018 as part of its $85.4 billion purchase of ...

In a letter to Warner Bros. Discovery's board, David Ellison argued that Paramount would be the "best partner" to merge with, ...

For years, Wall Street has viewed Warner Bros. Discovery as an ideal merger partner for Comcast, with a deal combining a ...

David Ellison's Paramount Skydance wants to acquire Warner Bros. Discovery, which says it's evaluating multiple options. Here ...

Here’s the statement from the two unions, per Deadline: ...

The Writers Guild of America, which represents screenwriters and newsroom staffers, said it will oppose a deal combining ...

David Ellison's Paramount Skydance is seen as the top contender to buy Warner Bros Discovery, with analysts and experts ...

The union responded to reports of Hollywood bidder interest in the legacy studio by threatening to “work with regulators to ...

Yesterday, Warner Bros. Discovery officially declared itself for sale. CEO David Zaslav claimed there were “multiple parties” ...

Ellison telegraphed the scale of his planned reductions before he even had control of the company — the part where he and his ...