David Ellison's European Mission: A Bid to Save Warner Bros.

David Ellison is on a mission across Europe, rallying support for his ambitious plan to acquire Warner Bros. Discovery for a staggering $108.4 billion. His goal is not only to secure the deal but also to outmaneuver Netflix, which is rumored to be preparing a rival offer.

European Diplomacy

Ellison and his team have been meeting with key figures in politics and entertainment. Recent stops include:

• Paris: Met with French President Emmanuel Macron and other film industry leaders.
• Germany: Engaged with influential figures.
• U.K.: Continued discussions to build support.

Legal Victory

Meanwhile, a U.S. court rejected Paramount Skydance's attempt to expedite a lawsuit against Warner Bros. Discovery. The lawsuit aimed to force the company to disclose financial details of its $83 billion deal with Netflix. This ruling allows Ellison's bid to proceed without delays.

Netflix's Moves

Ted Sarandos, Netflix's co-CEO, was also in France recently. He met with industry players and assured them of Netflix's commitment to keeping Warner Bros. movies in theaters. However, rumors quickly surfaced about Netflix's plan to implement a very short theatrical window for Warner Bros. movies, contradicting Sarandos's assurances.

Ellison's Commitment

During his meetings in France, Ellison emphasized his commitment to the theatrical experience. He pledged to maintain both studios and uphold high production standards. Industry sources were impressed by his determination and arguments.

Industry Sentiment

Some believe Ellison's efforts are not in vain. They argue that the Netflix deal is facing scrutiny in both the U.S. and Europe. They also suggest that Ellison's bid could be a better outcome for the film industry. In France, a 17-day theatrical window would not be possible due to local rules, and Netflix has even appealed against these regulations.