Post B2DPio4TSJbaYWDr9c by ChrisHolladay@mastodon.social
 (DIR) More posts by ChrisHolladay@mastodon.social
 (DIR) Post #B2DNkNoPrCunmmKrMu by Nonilex@masto.ai
       2026-01-12T16:54:33Z
       
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       #Paramount files lawsuit against #WarnerBrosDiscovery & threatens a #proxy fight in its latest attempt to acquire the entertainment company#WBD #Billionaires #DavidEllison #LarryEllison #Oracle #RightWing #media #antitrust #law https://www.nytimes.com/2026/01/12/business/media/paramount-warner-bros-discovery-board-fight.html?smid=nytcore-ios-share
       
 (DIR) Post #B2DO75mf3I7WX4LL72 by Nonilex@masto.ai
       2026-01-12T16:58:40Z
       
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       #Paramount on Monday dialed up pressure in its #HostileTakeover bid for #WarnerBrosDiscovery, saying that it intended to nominate directors to the #WBD board to help advance the deal. Paramount also sued WBD, demanding more information about how the company had decided that #Netflix’s bid was superior [they don’t want to work with you].The moves were the latest in a series of increasingly aggressive actions by Paramount to buy WBD.#Billionaires #LarryEllison #RightWing #media #antitrust #law
       
 (DIR) Post #B2DONDEB8yiiFhtvCS by Nonilex@masto.ai
       2026-01-12T17:01:34Z
       
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       The #WarnerBrosDiscovery board last week rebuffed Paramount’s latest $108 billion bid to acquire the company, sticking with its deal to sell a large portion of its business to #Netflix for $83 billion. #Paramount on Monday said it would nominate directors who would “exercise WBD’s right under the Netflix Agreement to engage on Paramount’s offer & enter into a transaction with Paramount.”#WBD #Billionaires #DavidEllison #LarryEllison #Oracle #RightWing #media #antitrust #law
       
 (DIR) Post #B2DOVNx19vF9pIlsLA by jqmcd@sfba.social
       2026-01-12T17:03:01Z
       
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       @Nonilex I don’t get it… how do you sue a company for not wanting to be bought by you?
       
 (DIR) Post #B2DOaVghox95GnaL44 by Nonilex@masto.ai
       2026-01-12T17:03:58Z
       
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       #Paramount also said it would propose an amendment to the company’s bylaws that would require #WBD to get shareholder approval before breaking off its #cable unit as it had planned.As part of the monthslong back & forth, Paramount has accused the Warner board of running a sales process that unfairly favored #Netflix. #WarnerBrosDiscovery has argued that Netflix’s bid is better for shareholders than Paramount’s in part because of the extensive debt it would load on the company.#media #law
       
 (DIR) Post #B2DPQIuCaerSgVaxOq by donhawkins@mastodon.social
       2026-01-12T17:13:18Z
       
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       @Nonilex 😏 they can eat each other alive and it will only CEMENT my distain for ALL their shit. I ain’t subscribing to anything they hustle.
       
 (DIR) Post #B2DPio4TSJbaYWDr9c by ChrisHolladay@mastodon.social
       2026-01-12T17:16:38Z
       
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       @Nonilex Someone in the White House is strongarming media here in the States.