He continued: “My message to Downing Street tonight is very, very clear – they have got a lot of listening to do to the fact that Labour have been hammered here in Scotland and an SNP Government, after 19 years in office, has just been emphatically returned to office, and Scotland needs respect as a consequence of that election outcome.” Source link
Not so fast, David Ellison. On Wednesday, January 7, the Warner Bros. Discovery board advised its shareholders to reject a hostile takeover bid from Paramount Skydance for the company, citing uncertainties regarding the debt financing tied to Paramount’s offer, while maintaining that Netflix’s offer to buy the company is the superior offer. The board’s recommendation was unanimous—a tough break for Paramount Skydance CEO David Ellison, who has spent months publicly angling to swallow up WBD following his headline-grabbing takeover of Paramount. “Paramount’s offer continues to provide insufficient value, including terms such as an extraordinary amount of debt financing that create risks to close and lack of protections for our shareholders if a transaction is not completed,” said Samuel A. Di Piazza Jr., chair of the WBD board of directors, in a press release. “Our binding agreement with Netflix will offer superior value at greater levels of certainty, without the significant risks and costs Paramount’s offer would impose on our shareholders.” In December of 2025, Netflix co-CEO Ted Sarandos announced that it had entered a definitive …
