Paramount looks to put itself in the driver’s seat on Warner Bros. deal with increased bid

Paramount Skydance CEO David Ellison will have to put all his chips in by a midnight Monday deadline if he wants to pry Warner Bros. Discovery from Netflix’s hands.

By Lukas I. Alpert

David Ellison's Paramount has some breathing room in its quest to buy WBD despite a pressing deadline

Paramount Skydance CEO David Ellison has had his sights on Warner Bros. Discovery for months. Gilbert Flores/Variety via Getty Images; Mario Tama/Getty Images Paramount Skydance is coming up against a key deadline in its pursuit of Warner Bros. Discovery. David Ellison's media company doesn't need to raise its bid just yet, however. The crucial WBD shareholder vote isn't until March 20, giving the Ellisons extra time if they need. Paramount Skydance is staring down a key deadline in its pur...

Paramount submits higher offer for Warner Bros Discovery in bid to block Netflix, source says

Netflix boss defends bid for Warner Bros as Paramount deadline looms

The boss of Netflix has told the BBC its takeover bid for Warner Bros is better than a rival one from Paramount because it would expand the business and the industry.

By Abubakar Ibrahim