David Ellison on European Lobbying Trek to Back Warner Bros Bid
Variety • • business
Key Points:
- David Ellison is actively lobbying European political and entertainment leaders to support his $108.4 billion hostile bid for Warner Bros. Discovery, aiming to counter rival suitor Netflix amid ongoing regulatory scrutiny in Europe and the U.S.
- Ellison met with French President Emmanuel Macron, culture minister Rachida Dati, and key French film industry figures in Paris, while Paramount executives also engaged with leaders in Germany, the U.K., and the European Commission.
- A Delaware court rejected Paramount Skydance’s request to fast-track its lawsuit against Warner Bros. Discovery over financial disclosures related to Netflix’s $83 billion deal, allowing Ellison’s $30-per-share takeover bid to continue without expedited discovery until its Jan. 21 expiration.
- Netflix
 { path { fill: %23EEEFE9 } })