Paramount Calls WBD Sale Process “Tilted And Unfair” In Letter To CEO David Zaslav

Paramount is calling foul in the Warner Bros. Discovery sale process, accusing the company of running an unfair process — one that it thinks favors Netflix.

It has become increasingly clear, through media reporting and otherwise, that WBD appears to have abandoned the semblance and reality of a fair transaction process, thereby abdicating its duties to stockholders, and embarked on a myopic process with a predetermined outcome that favors a single bidder. We specifically request and expect this letter will be shared and discussed with the full board of directors of WBD,” the David Ellison company wrote in a letter to WBD CEO David Zaslav.

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