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Merger Math: Paramount Suit Wants WBD To Show Its Work

January 12, 2026

Paramount Skydance Corp. has filed a lawsuit against Warner Bros. Discovery (WBD) in Delaware, seeking transparency regarding the financial analysis behind WBD's decision to favor a merger with Netflix over Paramount's $30 per share cash offer.

David Ellison and David Zaslav

Credit: Deadline

Key Highlights

Paramount is suing WBD over its $82.7 billion merger with Netflix.
The lawsuit demands disclosure of financial analyses used by WBD to reject Paramount's offer.
Paramount's offer values WBD at $108.7 billion in cash.
The lawsuit was filed in Delaware Court of Chancery.
Paramount plans to nominate directors to WBD's board to influence shareholder decisions.

News Netflix Legal Paramount Paramount Skydance David Zaslav Warner Bros. Discovery Netflix WB David Ellison Ted Sarandos it's a proxy battle after all the war for warners the industry streamliner proxy battle

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Merger Math: Paramount Suit Wants WBD To Show Its Work

Key Highlights

Sources

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