Roland Moore (@rolandmooretv.bsky.social)

WBD Board Expected To Reject Paramount Skydance’s Hostile Bid, Would Avoid Triggering “$2.8B Termination Fee” To Netflix [Report] The drama over the fate of Warner Bros. Discovery has been one of the hottest topics of the month as Netflix announced that the top-dog streaming service had secured an acquisition deal to get its hands on the legacy Hollywood studio after it entertained a handful of bids. That seemingly “done deal” (said to be worth $72 billion) wasn’t enough for David Ellison (recently had his company Skydance buy up Paramount, rebranding as the new media entity Paramount Skydance), as the son of billionaire Larry Ellison would publicly reveal his intentions to pursue a hostile takeover bid (worth $108 billion) with the controversial help of Middle Eastern countries such as Saudi Arabia, Qatar, and Abu Dhabi alongside equally odd investments from Jared Kushner‘s Affinity Partners (President Trump‘s son-in-law and sometime White House representative) and China’s Tencent (designated by the U.S. Continue reading WBD Board Expected To Reject Paramount Skydance’s Hostile Bid, Would Avoid Triggering “$2.8B Termination Fee” To Netflix [Report] at The Playlist. http://dlvr.it/TPmQHP