Netflix made a winning bid for Warner Bros., but Paramount Skydance has not given up. Read Paramount CEO David Ellison’s memo to Paramount employees.
Paramount Skydance CEO David Ellison has now made his pitch to buy Warner Bros. Discovery to that company’s board and shareholders, as well as his own employees.
Ellison pitched Paramount employees about his renewed offer to buy WBD in an email sent just after 3 p.m. ET on Monday.
«We believe the combination of Paramount and Warner Bros. Discovery represents a powerful opportunity to strengthen both companies and the entertainment industry as a whole», Ellison wrote in the memo to staffers, which was first obtained by Business Insider.
