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Paramount sues Warner Bros. Discovery, alleging mismanagement and seeking a hostile takeover.
Paramount has filed a lawsuit in Delaware Chancery Court seeking a hostile takeover of Warner Bros.
Discovery, accusing WBD’s leadership of underperforming and failing to maximize shareholder value.
CEO David Ellison claims WBD’s management has hindered strategic alternatives, including a potential merger with Paramount, and has breached fiduciary duties.
The legal move marks a major escalation in ongoing tensions, with Paramount also threatening a proxy fight to replace WBD’s board.
The case, which will examine corporate governance and shareholder rights, could reshape the U.S. entertainment industry.
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Paramount está demandando a Warner Bros. Descubrimiento, alegando mala administración y buscando una adquisición hostil.