Netflix wins bidding war for Warner Bros.
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As the high-stakes auction for Warner Bros. Discovery nears its end, Paramount is crying foul, alleging the process was tipped in favor of a competing bidder: Netflix.In a scorching letter sent to Warner Bros.
The David Ellison-led studio questions whether the bidding has been "tilted" and suggests Netflix has been receiving more favorable treatment so far in the auction.
Lawyers for Paramount Skydance sent a letter to Warner Bros. Discovery CEO David Zaslav, expressing "grave concerns" about the alleged unfairness of WBD sales process. The attorneys suggested the Warner Bros.
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If Paramount succeeds in buying out Warner Bros. Discovery, then David Ellison may push to get a Zach Cregger DCU project made.
Word of revised bids by the three companies looking to acquire all or part of Warner Bros. Discovery surfaced Monday, the day designated by the media giant as the deadline for the next round of offers.