David Ellison, the Chief Executive Officer of Paramount, recently met with Warner Bros shareholders in New York to advocate for his company's hostile takeover bid of the Hollywood studio group. This meeting marks a significant escalation in the ongoing competition within the entertainment sector, particularly as both Paramount and Warner Bros navigate changing market dynamics and viewership patterns. Ellison's push comes at a time when traditional media companies are under increased pressure from streaming platforms like Netflix and Disney+, which...
