Paramount’s hostile bid for Warner Bros. shaken
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Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?
President Donald Trump, for some reason, lashed out again at Paramount Skydance chief David Ellison and his father, Larry Ellison — complaining about his treatment by CBS News’ “60 Minutes” newsmagazine.
Theater owners fear a sale of Warner Bros. to another major media player could further decrease movie production at a time when the industry has faced multiple setbacks.