Paramout Skydance CEO David Ellison told CNBC on Monday that there was "inherent bias" against Paramount in negotiations for Warner Bros. Discovery. Paramount is now launching a hostile bid to buy Warner Bros. after it lost out to Netflix in a months-long bidding war. It will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week, which Ellison said Monday never got a response from Warner Bros. Discovery. Read more: cnb.cx/3XCLLod | CNBC
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