{"id":2231723,"date":"2026-01-12T15:45:14","date_gmt":"2026-01-12T15:45:14","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2231723"},"modified":"2026-01-12T15:45:14","modified_gmt":"2026-01-12T15:45:14","slug":"paramount-sues-warner-bros-discovery-over-its-deal-with-netflix","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/paramount-sues-warner-bros-discovery-over-its-deal-with-netflix\/","title":{"rendered":"Paramount sues Warner Bros. Discovery over its deal with Netflix"},"content":{"rendered":"<p><\/p>\n<div data-element=\"story-body\" data-subscriber-content=\"\">\n<p>David Ellison\u2019s Paramount has sued Warner Bros. Discovery \u2014 the smaller firm\u2019s latest move to block Warner\u2019s sale to Netflix. <\/p>\n<p>The lawsuit reportedly asks Warner and its chief executive David Zaslav to produce more information about the events leading up to the Warner <a rel=\"nofollow\" target=\"_blank\" class=\"link\" href=\"https:\/\/www.latimes.com\/entertainment-arts\/business\/live\/warner-bros-sale-netflix-hollywood-paramount-what-to-know#p=netflix-agrees-to-buy-warner-bros-in-an-82-7-billion-deal-that-will-transform-hollywood\">auction that culminated Dec. 4.<\/a> Last week, Warner\u2019s board unanimously rejected Paramount\u2019s $30-a-share proposal that included a personal guarantee by Ellison\u2019s father, the tech billionaire Larry Ellison.<\/p>\n<p>The move came the morning after the Golden Globes ceremony in Beverly Hills, in which Zaslav\u2019s warm relations with Ted Sarandos, Netflix\u2019s co-chief executive, was on display. Both Warner Bros. Discovery and Netflix had a strong night at the award show, which was televised by Paramount\u2019s CBS network. <\/p>\n<p>In a Monday letter to shareholders, David Ellison wrote that Warner has \u201cprovided increasingly novel reasons for avoiding a transaction with Paramount.\u201d<\/p>\n<p>\u201cParamount started this process about four months ago with a private offer at a significant premium to WBD\u2019s $12.54 share price, and our pursuit culminated in the $30 per share all-cash, fully financed proposal we made before WBD entered into the Netflix transaction,\u201d Ellison wrote.<\/p>\n<p>\u201cWe are committed to seeing our tender offer through,\u201d Ellison said. \u201cWe understand, however, that unless the WBD board of directors decides to exercise its right to engage with us under the Netflix merger agreement &#8230; this will likely come down to your vote at a shareholder meeting.\u201d<\/p>\n<\/p><\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.latimes.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Ellison\u2019s Paramount has sued Warner Bros. Discovery \u2014 the smaller firm\u2019s latest move to block Warner\u2019s sale to Netflix. The lawsuit reportedly asks Warner and its chief executive David Zaslav to produce more information about the events leading up to the Warner auction that culminated Dec. 4. Last week, Warner\u2019s board unanimously rejected Paramount\u2019s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2231724,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2231723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/01\/Paramount-sues-Warner-Bros-Discovery-over-its-deal-with-Netflix.com2F3b2Fe82F35ad2bc0426eb410f7601bd4.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2231723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2231723"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2231723\/revisions"}],"predecessor-version":[{"id":2231725,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2231723\/revisions\/2231725"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2231724"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2231723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2231723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2231723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}