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.

Among the reasons Warner Bros. Discovery listed for rebuffing David Ellison and Paramount include an unfortunately timed letter from the lawyers.

A new filing says Paramount offered pay and a job to WBD CEO David Zaslav, and gives other takeaways from the bidding war.

Paramount launched a hostile bid for WBD, taking a $30-per-share, all-cash offer directly to shareholders. The WBD board recommended shareholders reject that offer and stick with a deal with Netflix.

A pair of Democratic senators are calling for a review of a possible Paramount-WBD deal because of possible foreign involvement.

Reps. Sam Liccardo (D-Calif.) and Ayanna Pressley (D-Mass.) sent letter to board of WBD as well as to Treasury Secretary Scott Bessent on Wednesday.

Posting to his Truth Social account Tuesday, the president made it clear that the Ellisons are no friends of his. The family, who led Paramount to become the newest owners of CBS, have been pushing for a hostile takeover of WBD as Netflix nears closing a deal for the company's streaming and studios assets.

Photos of Netflix's Ted Sarandos & Greg Peters on the Warner Bros lot sure look like guys about to handed the keys to a iconic kingdom