Paramount Skydance sues for information in Warner Bros. Discovery hostile takeover attempt
David Ellison, CEO of Paramount Skydance, exits following an interview at the New York Stock Exchange, Dec. 8, 2025.
Brendan Mcdermid | Reuters
Paramount Skydance has filed a lawsuit seeking more information from Warner Bros. Discovery as it continues to push its hostile offer to take over the media and entertainment company.
In a letter to WBD shareholders on Monday Paramount CEO David Ellison said a lawsuit was filed in the Delaware Chancery Court asking the court “to simply direct WBD to provide this information so that WBD shareholders have what they need to be able to make an informed decision as to whether to tender their shares into our offer.”
The lawsuit comes less than a week after WBD’s board once again recommended that shareholders reject Paramount’s latest amended offer.
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