Paramount Letter Implores Warner Bros. Shareholders: ‘It’s Not Too Late’

Paramount Skydance (PSKY) CEO David Ellison published a letter urging Warner Bros. Discovery (WBD) shareholders to sell their shares to his company in order to disrupt the pending merger with Netflix (NFLX). Paramount’s letter reiterated the studio’s view that its offer of $30 a share for the entirety of Warner Bros. was superior to Netflix’s bid of $27.75 for just…