Netflix, Paramount and Warner Bros.
Digest more
3hon MSN
Paramount lawsuit accuses WBD board of 'misleading' investors, says cable spinoffs have zero value
More details about Paramount's lawsuit against the Warner Bros. Discovery board of directors emerged Monday as TheWrap has obtained a copy of the legal document. The lawsuit was reported on Monday morning and is part of Skydance Paramount CEO David Ellison's plan to launch a proxy battle so his company can acquire Warner Bros.
Paramount Skydance just said Warner Bros. Discovery's TV assets are worth nothing, even though it wants to buy them.