Paramount CEO talked to Trump before making $108 billion hostile bid for Warner Bros

Paramount Skydance CEO David Ellison chatted with US President Donald Trump before he launched a hostile bid worth $108.4 billion for Warner Bros Discovery, as per reports. Paramount's bid is an attempt to outbid Netflix's $83 billion offer. Earlier, Trump said Netflix's proposed takeover of Warner Bros "could be a problem", citing the streamer's already large market share.

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