Another day, another stressful development in the battle for Warner Bros. Discovery. Paramount Skydance sent a strongly worded letter yesterday to WBD CEO David Zaslav claiming “that WBD appears to have abandoned the semblance and reality of a fair transaction process.” The letter alleged that the process had been “tainted” by conflicts of interest within WBD management that favor Netflix’s bid, as well as a reported meeting between WBD and the European Commission where “concerns were raised” that a Paramount takeover of the company could lead to “excessive media concentration.”
In plain English, Paramount’s pissed. And it’s practically accusing WBD of back-channeling in favor of sweeter terms for individuals like Zaslav; the words “active sabotage” were thrown around. This led WBD to r

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