Paramount Plans To Buy Hollywood Before Cops Arrive

For a few months now, there’s been a bidding war between Paramount and Netflix to buy Warner Bros Discovery. Netflix seemed to have clinched the deal when the board of WBD accepted their offer. Paramount, which is owned by the billionaire Ellison family, got very nasty about the situation, suing on procedural grounds and trying to get shareholders to revolt. Ultimately, they are going to do what they had to do from the very beginning to win the bidding war - offer more money. Read Full Article »