In his pitch to Warner Bros. Discovery shareholders to accept Paramount Skydance’s $108 billion hostile takeover bid, David Ellisonhas repeatedly argued that European regulators will never allow Netflix to buy Warner Bros. Discovery. In his Dec. 10 letter to WBD shareholders, Ellison said the Paramount buyout deal offers “a much shorter and more certain path to completion,” insisting that the European Commission and the U.K.’s Competition and Markets Authority would balk at allowing the world’s largest streamer to swallow one of its few global competitors.
Källa: David Ellison’s Netflix Scare Tactic Runs Into European Reality
