Pier Silvio Berlusconi, chief executive of European broadcaster MFE-MediaForEurope , said he would prefer Paramount's Skydance rather than Netflix as a buyer for Warner Bros Discovery , arguing the move would boost competition in the streaming industry.
Paramount CEO David Ellison wrote a letter to WBD shareholders to win them over. He urged WBD shareholders to tender their shares and switch teams from Paramount to Netflix.
In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down the latest competing deals for Warner Bros. Discovery (WBD +4.49%), between the agreed-upon deal with Netflix (NFLX 4.14%) and the hostile tender offer from Paramount Skydance (PSKY +0.55%).
Insiders say Trump's comments come as Paramount Skydance's owners, David Ellison and his father Larry, have been scrambling to do damage control with the White House over an explosive “60 Minutes” interview with Marjorie Taylor Greene.
Paramount continues to take its case to Warner Bros. Discovery shareholders after launching a hostile takeover offer to pry the company away from Netflix. “Dear Warner Bros.
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