Paramount has filed a lawsuit against Warner Bros. Discovery (WBD) regarding the potential Netflix deal. It's no secret that ...

In an effort to win the rights to Warner Bros. Discovery, Paramount has amended its hostile takeover bid, which includes a new guarantee from Larry Ellison. Earlier this month, Warner Bros. Discovery ...

Warner's board was not swayed by tech billionaire Larry Ellison's personal guarantee to back the equity portion of Paramount's bid. Warner's board remains solidly behind its Netflix deal.