Paramount sent a letter from CEO David Ellison addressed to Warner Bros. Discovery shareholders that 'clearly sets out why Paramount’s $30.00 per share all-cash offer to acquire all of WBD is superior to WBD’s transaction with Netflix.

The proposed merger hasn’t closed yet, but its implications for DEI, Black-led projects, and access in Hollywood are already coming into focus.

Affinity Partners reportedly stepped away, removing about $200 million of equity backing from Paramount’s offer. ・Warner is supposedly set to oppose the bid and plans to urge shareholders to support the existing Netflix deal instead.

Greene criticized the president on “60 Minutes,” claiming Trump had been “extremely unkind” when she received death threats, and that other Republicans are “terrified to step out of line.”