Paramount Skydance's David Ellison texted Warner Bros. Discovery CEO David Zaslav during the bidding war. Here's why Zaslav ignored it.

Reasons Warner Bros. Discovery listed for rebuffing David Ellison include an incendiary and unfortunately timed letter from Paramount's lawyers.

WBD presented a chronology of events and meetings that occurred, leading to its deal to sell Warner Bros. studios and HBO Max to Netflix, following by David Ellison’s hostile takeover bid and the WBD board’s official rejection of the $30/share bid on Dec.

Paramount's first offer to acquire Warner Bros. Discovery included a multi-million dollar compensation package for David Zaslav.

Donald Trump chimed in again on 60 Minutes, CBS and Paramount, this time complaining that the newsmagazine has treated him “far worse” since the David Ellison-led takeover of the company. He wrote on Truth Social,

The CEO stands to gain $567 million if a deal is sealed to sell the WB empire, while longtime lieutenant Gunnar Wiedenfels will see $144 million in cash and stock considerations if a transaction closes.

The Paramount Skydance CEO writes that his $30-a-share hostile bid is superior to Netflix's "across every dimension