Paramount Is Suing Warner Bros. Over Netflix Deal
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Paramount is taking its pursuit of CNN’s parent company Warner Bros. Discovery to court. On Monday Paramount CEO David Ellison announced a lawsuit in Delaware Chancery Court, where shareholders typically bring corporate disputes, as it attempts a hostile takeover of the iconic entertainment company.
Warner Bros. Discovery clapped back at Paramount Skydance's lawsuit seeking more financial details on WBD's deal with Netflix and said Paramount's continued campaign to try to convince Warner Bros. shareholders that its $30/share offer is superior is an attempt to "distract" investors.
Warner Bros. Games has reportedly laid off a number of employees at its San Francisco studio. As reported by Game Developer, several senior staff publicly confirmed their roles were eliminated via LinkedIn, with at least one entire team affected.
Nikki Glaser didn’t hold back during her opening monologue at the 83rd Golden Globe Awards on Sunday night, riffing on everything from the Epstein files to CBS News. Glaser started strong, lobbing a joke about the much-discussed bidding war over Warner Bros. Discovery. “We’ll start the bidding for Warner Bros. at $5,” Glaser said.