Paramount creeps towards the inevitable: more cash for Warner Bros
David Ellison is keeping his powder dry since WBD shareholders do not vote on rival Netflix deal until March at earliest
David Ellison is keeping his powder dry since WBD shareholders do not vote on rival Netflix deal until March at earliest

Ellison-led group says it will nominate directors to counter Netflix deal for fabled studio

Paramount chief executive met investors in New York to push his hostile bid for the Hollywood studio group

Ancora Holdings accused WBD board of failing to give proper consideration to rival bid from Paramount

Warner’s recommendation to reject Ellison offer adds twist to takeover saga that could reshape Hollywood

David Ellison’s offer provides ‘untenable degree of risk’ and ‘potential downside’ for WBD shareholders

Board warns shareholders over ‘extraordinary’ amount of debt financing and $4.7bn of costs if it backs out of Netflix deal