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David Ellison's hunt for WBD made David Zaslav richer — and it may not be over [CNBC]
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Paramount is now considering taking an offer straight to shareholders to acquire the asset, believing its deal has a better chance of gaining U.S. regulatory approval, sources told CNBC. Paramount was the only bidder interested in acquiring all of WBD's assets — the film studio, streaming service and TV networks. Netflix and Comcast were vying for just Warner Bros. and HBO Max. In this article Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images) Patrick T. Fallon | Afp | Getty Images This isn't exactly what David Ellison had planned in September. Just a few months ago, the Paramount Skydance CEO sent a letter to the Warner Bros. Discovery board of directors arguing a combination of the two media and entertainment companies made sense. That letter was the first of several letters, which offered increasingly higher prices
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