David Ellison, Paramount and Warner Bros.
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Paramount has sweetened its offer for Warner Bros. Discovery, adding a so-called "ticking fee" to signal regulatory confidence among other new elements.
5don MSNOpinion
David Ellison Warns of Potential Netflix Monopoly, Commits to 30 Movies Per Year Under WBD Deal
Paramount CEO David Ellison called Netflix out for its "monopolistic" tendencies while laying out his vision for the future of cinema in an open letter to the British creative community and the film and TV industry at large late Wednesday night.
A veteran EVP of agency partnerships at Paramount will leave David Ellison's company amid a leadership shake-up.
Paramount chair and CEO David Ellison is not giving up on his relentless pursuit of Warner Bros. Discovery and his plan to counter rival suitor Netflix. In an open letter sent out on Thursday to journalists around the world,