Paramount enlists top Warner Bros Discovery shareholder in proxy battle
Ellison-backed studio plans to nominate Pentwater Capital Management as part of rival board list
Ellison-backed studio plans to nominate Pentwater Capital Management as part of rival board list

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

David Ellison is keeping his powder dry since WBD shareholders do not vote on rival Netflix deal until March at earliest

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

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

Hollywood studio and streaming company open to new bid but there are doubts over Ellison family funding

Personal guarantee from Oracle’s Larry Ellison insufficient to persuade Hollywood studio’s board