Paramout Skydance CEO David Ellison told CNBC on Monday that there was "inherent bias" against Paramount in negotiations for Warner Bros. Discovery. Paramount is now launching a hostile bid to buy Warner Bros. after it lost out to Netflix in a months-long bidding war. It will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week, which Ellison said Monday never got a response from Warner Bros. Discovery. Read more: cnb.cx/3XCLLod | CNBC
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Paramout Skydance CEO David Ellison told CNBC on Monday that …
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Paramount Skydance CEO David Ellison warns that the Netflix's acquisition of Warner Bros. Discovery would give Netflix "unprecedented market power." Paramount Skydance announced a hostile bid for WBD on Monday. Read more: cnb.cx/3XCLLod | CNBC
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Paramount Skydance CEO David Ellison warns that the Netflix's acq…
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Sep 19, 2024
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Disney has agreed to pay Comcast $438.7 million for its stake in the streaming service Hulu, concluding a years-long appraisal process. CEO Bob Iger discusses the deal and the larger streaming landscape. Read more: cnb.cx/45naVwd | CNBC
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AT&T CEO John Stankey on Tuesday said his recent memo to managers, which garnered attention for suggesting that employees not aligned with AT&T's changing culture and return-to-office policies should depart the company, was "very well understood within the business" and that most employees are committed to advancing the company forward. Watch the full interview: cnb.cx/4g0wHsY | CNBC
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