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

Clash between Netflix and Paramount for Hollywood studio caps big year for dealmakers

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

Warner Bros will reportedly advise its shareholders to vote against the offer as early as Wednesday.

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

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

From Saudi Arabia’s crown prince to California tech moguls, key players in the fight for a celebrated Hollywood institution