Ellison-backed studio plans to nominate Pentwater Capital Management as part of rival board list

Media group adds ‘ticking fee’ to give shareholders additional payment for every quarter deal does not close

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

The Ellison-backed US media giant offered a so-called ticking fee for each month the deal fails to close.

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

Ellison-backed studio plans to nominate Pentwater Capital Management as part of rival board list